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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 5 days ago

    721 Danforth Avenue

    Blake-Jones·Toronto, ON·M4J 1L2·Near Danforth/Pape

    • 4567 sqft
    Toronto real estate›E13474978
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    We Are Excited To Present This Exceptional Investment Opportunity, Featuring A Commercial Unit Of Approximately 1,420 Sqft, Complemented By An Underground Space Of About 789 Sqft, Currently Leased To A AAA Tenant, Ensuring A Stable Income Stream. Additionally, There Are Four Newer Residential Apartments, Each Around 700 Sqft, Boasting One Bedroom Plus A Den And 1.5 Baths, With The Separate Dens Providing Added Flexibility And Appeal, Which Enhances Tenant Desirability. All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs. The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction. Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas. The Increased Demand In The Region, Coupled With The Proposed Development Project Across The Street, Further Enhances Appreciation Potential. Lastly, Close Proximity To Toronto's Finest Restaurants And Bars Adds To The Property's Appeal, Making It Attractive To Both Current Tenants And Prospective Buyers. This Opportunity Combines Solid Investment Fundamentals With The Promise Of Future Growth, So Dont Miss Your Chance To Capitalize On This Prime Asset In A Thriving Area!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 19, 2026ListedCurrentFor sale$1,999,900 —E13474978This page
    Apr 1, 2026Previously listedNew$2,000 —E12951274View
    Jan 8, 2026Previously listedExp$2,000 —E12680184View
    Oct 20, 2025Previously listedExp$2,200 —E12472528View
    Aug 19, 2025SoldSold$2,000 unchangedE12324613View
    Aug 15, 2025SoldSold$2,350 unchangedE12292224View
    Aug 12, 2025Previously listedTer$2,500,000 —E12340345View
    Aug 1, 2025Previously listedLsd$2,000 —E12324613View
    Jul 17, 2025Previously listedLsd$2,350 —E12292224View
    May 16, 2025Previously listedExp$2,200 —E12155218View
    Feb 11, 2025Previously listedExp$2,200 —E11968324View
    Nov 25, 2024SoldSold$2,600+$100 (4.0%)E9369877View
    Nov 22, 2024Previously listedTer$2,500 —E10449758View
    Sep 26, 2024Previously listedLsd$2,500 —E9369877View
    Aug 23, 2024Previously listedTer$2,500 —E9268461View
    Aug 1, 2024Previously listedTer$2,700 —E9235538View
    Jul 17, 2024SoldSold$2,500 unchangedE9006912View
    Jul 2, 2024Previously listedLsd$2,500 —E9006912View
    Apr 24, 2024Previously listedExp$2,600 —E8266724View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Electric Forced Air
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 721 Danforth Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $9,825
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,563
    0.94% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      —
      Last 30 days
    • Median sold price
      —
      Middle of the market
    • Days on market
      —
      Avg from list to close
    • Closed last 30d
      —
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 721 Danforth Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 721 Danforth Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 721 Danforth Avenue listed for?

      721 Danforth Avenue is listed at $1,999,900 on the MLS® (listing E13474978). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 721 Danforth Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Store W Apt/Office
  2. Asking
    $1,999,900
    $438 / sqft · MLS® E13474978
    Chat Zara
  3. Zara AI Estimate
    Live valuation

    Not enough neighbourhood comparable data yet to estimate this listing. Chat with Zara for a private valuation.

    Ask Zara
    Market analytics

    Live market data for Toronto.

    Avg sold price
    —
    Median sold
    —
    Avg days on market
    —
    Recently sold
    —
    See comparable sales
    • All Units Are Separately Metered For Gas And Electricity, Significantly Reducing Administrative Costs.
    • The Property Includes Heating And AC, Along With One Surface Parking Space Dedicated To The Commercial Tenant, Ensuring Convenience And Satisfaction.
    • Its Prime Location Near Pape Subway Station Positions The Property For Long-Term Growth, Particularly With Its Future Hub Status Connecting Major Areas.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    Lane
  4. Lot & land

    1
    Zoning
    Commercial/Residential CR3(c2.5;r2.5)
  5. Listing & possession

    3
    Possession
    2026-09-01T00:00:00.000-00:00
    Property style
    Store With Apt/Office
    Property class
    Store W Apt/Office
  6. Combined estimate
    $11,388
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $9,825
    /mo
    based on the purchase price of $1,999,900
    $399,980 cash
    $1,599,920 financed
    $1,347,553 total interest
    Monthly payment$9,825/ month
    Principal54%$1,599,920
    Interest46%$1,347,553

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable store w apt/offices that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 184 Carlton Street
      Sold
      Sign in for price
      184 Carlton Street
      Store W Apt/Office
    • 1926 Gerrard Street
      Sold
      Sign in for price
      1926 Gerrard Street
      Store W Apt/Office
    • 2364 Kingston Road
      Sold
      Sign in for price
      2364 Kingston Road
      Store W Apt/Office
    • 1691 Dufferin Street
      Sold
      Sign in for price
      1691 Dufferin Street
      Store W Apt/Office
    • 1619 Weston Road
      Sold
      Sign in for price
      1619 Weston Road
      Store W Apt/Office
    • 1170 Danforth Avenue
      Sold
      Sign in for price
      1170 Danforth Avenue
      Store W Apt/Office
    AddressBd / BaSqftSold$/sqft% of askSold
    721 Danforth AvenueThis home0 / 04,567$1,999,900ask$438——
    184 Carlton Street3 / 22,000—
    1926 Gerrard Street1 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More store w apt/offices in Toronto

    Active listings within ±20% of this asking price.

    • 35 Kensington Avenue
      $1,620,000
      35 Kensington Avenue
      Store W Apt/Office
    • 839-841 Gerrard Street
      $2,399,000
      839-841 Gerrard Street
      Store W Apt/Office
    • 193 1/2 Baldwin Street
      $2,199,000
      193 1/2 Baldwin Street
      Store W Apt/Office
    • 245 AUGUSTA Avenue
      $1,699,000
      245 AUGUSTA Avenue
      Store W Apt/Office
    • 1532-1534 Eglinton Avenue
      $1,749,000
      1532-1534 Eglinton Avenue
      Store W Apt/Office
    • 1532-1534 Eglinton Avenue
      $1,749,000
      1532-1534 Eglinton Avenue
      Store W Apt/Office 3 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of RE/MAX CONDOS PLUS CORPORATION · displayed on Summitly per MLS® data-share rules

    721 Danforth Avenue is a 4567 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was 721 Danforth Avenue built?

    The year built for 721 Danforth Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for 721 Danforth Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 721 Danforth Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on 721 Danforth Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,999,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has 721 Danforth Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 721 Danforth Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is 721 Danforth Avenue in?

    721 Danforth Avenue is in Blake-Jones, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  16. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  17. 2364 Kingston Road
    2 / 3
    1,500
    —
    1691 Dufferin Street3 / 21,500—
    1619 Weston Road2 / 31,500—
    1170 Danforth Avenue3 / 31,500—