2438 Danforth Av - Storefront Retail/Residential FOR SALE


Toronto, ON M4C 1K9- East End-Danforth
$1,850,000 CAD
416-698-2090
2438 Danforth Av, Toronto, ON for Sale
$1,850,000 CAD
Storefront Retail/Residential - FOR SALE
1/32
null | 6.89% Cap Rate

2438 Danforth Av
Toronto, ON M4C 1K9
East End-Danforth


HIGHLIGHTS

  • Medical-configured main floor with plumbing and cabinetry.
  • Long-standing dental office setup with flexible layout.
  • Two spacious 2-bedroom residential units above.
  • Full basement ideal for storage or expansion.
  • High-visibility Danforth location near Woodbine.
  • VTB financing option available for qualified buyers

OVERVIEW

Situated on the north side of Danforth Avenue just east of Woodbine, this well-maintained mixed-use property offers a compelling opportunity for investors or end-users seeking a high-visibility location in one of Toronto’s most dynamic corridors. The main floor is currently configured for medical or professional office use, featuring multiple divided rooms, each equipped with plumbing, electrical, countertops, and cabinetry. Ideal for healthcare, wellness, or service-based operations. A full basement provides additional storage or expansion potential. Above the commercial space are two spacious 2-bedroom residential apartments, each separately metered and well-equipped with essential appliances and mechanicals. This configuration offers stable rental income and tenant diversification, making the property a strong candidate for long-term investment. With over 15 years of continuous dental office operation, the space is primed for continued professional use or easy conversion to suit a future tenant or owner-occupier. The property benefits from strong pedestrian traffic, excellent transit access, and proximity to retail amenities and residential density. A Vendor Take-Back (VTB) mortgage option is available, offering added flexibility for qualified buyers. Included Extras: (2) fridges, (2) stoves, (2) rangehoods, (2) gas furnaces, (2) hot water tanks, (1) central air conditioner, all light fixtures, all window coverings, and office desk on the main floor.

FOR SALE DETAILS

PRICE

$1,850,000 CAD

PRICE/SF

$291 CAD /SF

CAP RATE

6.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR3(c2;r2.5*2219)

APN/PARCEL ID

190409551003110

ASK ABOUT THIS PROPERTY

Joe CicciarellaReal Estate Homeward BrokerageMore Info
416-698-2090

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Joe CicciarellaReal Estate Homeward BrokerageMore Info
416-698-2090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.