1338 Danforth Ave is a retail in Toronto, listed for $1,650,000.
1Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence.
2A large basement offers additional usable space, a basic kitchen and washroom rough-in.
3The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom.
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Commercial Property in Toronto
About 1338 Danforth Avenue
Attention investors, builders & owner-users! Exceptional mixed-use investment opportunity on vibrant Danforth Ave between Greenwood and Coxwell, steps to Greenwood TTC subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. ft. 1st floor + 1270 sq. ft. of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, LG stove, Whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx.5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with PVC in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. BUILDERS & DEVELOPERS: Envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of Danforth Village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of Toronto's established east-end commercial streets.
Toronto retail priced at $1,650,000 — book a tour to see if it fits your search.
Inside 1338 Danforth Ave
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
1829.86
Listing & possession
Property class
Commercial Retail
1338 Danforth Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14176626$1,650,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1338 Danforth Ave Compares to the Toronto Market
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.
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For homeowners nearby
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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.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5253.8%On average, homes sold at or above asking.
Active listings14,184Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 17 – Aug 15, 2026: prices down.
Based on 9,020 sales from Aug 15 – Nov 13, 2026 (7,222 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1338 Danforth Ave
How much is 1338 Danforth Ave listed for?
1338 Danforth Ave is listed at $1,650,000 (MLS® E14176626). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1338 Danforth Ave changed?
No — 1338 Danforth Ave is still listed at its original asking price of $1,650,000.
How many bedrooms and bathrooms does 1338 Danforth Ave have?
The listing for 1338 Danforth Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 1338 Danforth Ave compare with other homes in Toronto?
Its asking price of $1,650,000 is about 96% above the median sold price in Toronto over the last 90 days, $840,000, across 9,020 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.
Has 1338 Danforth Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1338 Danforth Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1338 Danforth Ave?
1338 Danforth Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1338 Danforth Ave been on the market?
1 day — 1338 Danforth Ave was listed on November 12, 2026.
What is the land transfer tax on 1338 Danforth Ave?
About $58,950 at the asking price of $1,650,000: $29,475 Ontario land transfer tax plus $29,475 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.
How do I book a viewing of 1338 Danforth Ave or make an offer?
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.
What is the property tax for 1338 Danforth Ave?
The listing for 1338 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.
When was 1338 Danforth Ave built?
The listing for 1338 Danforth Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
