Coldwell Banker Summit Realty, Brokerage
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Welcome to 1299 and 1301 Danforth Ave .This corner property is a rare turnkey investment opportunity offering strong cash flow with great cap rate in one of Toronto's most vibrant and transit-oriented corridors, directly across from Toronto Subway Greenwood Station. Close to 400K spend in renovation during past recent year to upgrade and improve the building and property is currently in excellent shape without requiring any budget for improvement. This fully income-producing mixed-use property features a prominent ground-floor commercial space with basement level occupied by an established restaurant tenant, along with an additional private office area in the basement ideal for owner use, professional office space, or potential supplementary income. The property also includes four fully furnished residential apartments comprised of two bachelor suites and two one-bedroom units, all currently leased and generating stable rental income. An additional rooftop billboard lease provides bonus monthly income under a flexible month-to-month agreement. Surrounded by thriving retail, restaurants, parks, schools, and everyday amenities, this exceptional asset combines immediate income stability, future upside potential, and outstanding exposure in the heart of the Danforth.Please ask the listing agent for full financials.Recent upgrades :New roof,New Heat pumps,New professional hood for restaurant, updated bathrooms,Meters are currently not separated but fees have been paid to Hydro for separate meters to be installed.New Flat Roof 2023,New Windows 2024,New Balcony Roof 2026.Property has been updated and renovated based on City codes fro commercial property and is an ideal hassle free investment property.
Toronto commercial priced at $2,450,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Toronto market reportSold prices are shown free to signed-in members, as board rules require.
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198 1/2 Carlton Street
4 bd · 2 ba · Store w apt/office
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819 Dundas Street
1 bd · 1 ba · Store w apt/office
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782 Dovercourt Road
2 bd · 3 ba · Store w apt/office
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184 Carlton Street
3 bd · 1 ba · Store w apt/office
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1926 Gerrard Street
1 bd · 2 ba · Store w apt/office
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2364 Kingston Road
2 bd · 1 ba · Store w apt/office
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home1299 Danforth Avenue 0 bd · 0 ba | $2,450,000asking | — | — | — |
| 198 1/2 Carlton Street 4 bd · 2 ba · 2,000 sqft | ||||
| 819 Dundas Street 1 bd · 1 ba · 1,500 sqft | ||||
| 782 Dovercourt Road 2 bd · 3 ba · 1,500 sqft | ||||
| 184 Carlton Street 3 bd · 1 ba · 2,000 sqft | ||||
| 1926 Gerrard Street 1 bd · 2 ba · 1,100 sqft | ||||
| 2364 Kingston Road 2 bd · 1 ba · 1,500 sqft |
4 bd · 2 ba · 2,000 sqft
1 bd · 1 ba · 1,500 sqft
2 bd · 3 ba · 1,500 sqft
3 bd · 1 ba · 2,000 sqft
1 bd · 2 ba · 1,100 sqft
2 bd · 1 ba · 1,500 sqft
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From 1299 Danforth Ave. Typical times without traffic delays; transit times aren't available yet.
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Listing brokerage: RE/MAX REALTRON REALTY INC., BrokerageMLS® E13177628 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 2–5 bed homes for sale in Toronto around $2.5M.
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Every active Toronto MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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1299 Danforth Ave is listed at $2,450,000 (MLS® E13177628). Summitly updates the price as soon as the MLS® record changes.
No — 1299 Danforth Ave is still listed at its original asking price of $2,450,000.
The listing for 1299 Danforth Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Greenwood Station (Line 2), about 90 m (about a 1-minute walk) in a straight line. Coxwell Station is about 600 m (about a 8-minute walk), and Donlands Station is about 650 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $2,450,000 is about 192% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 1299 Danforth Ave on record from the last two years. Older records aren't shown under TRREB rules.
1299 Danforth Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
162 days — 1299 Danforth Ave was listed on May 26, 2026.
About $95,450 at the asking price of $2,450,000: $47,725 Ontario land transfer tax plus $47,725 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 1299 Danforth Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 1299 Danforth Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
