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Coldwell Banker Summit Realty

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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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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 On market 599 days

    2789 Danforth Avenue

    East End-Danforth·Toronto, ON·M4C 1L9·Near DANFORTH AVE / DAWES RD

      0
    • Commercial Retail
    Toronto real estate›E10414798
    • 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

    Amazing Investment Opportunity in Toronto! Check out this fantastic opportunity to own a prime property in Toronto that features two income-generating buildings. Dont miss out on this incredible chance to own a prime property in the high-traffic area of Toronto. Both buildings are strategically Located in a high-visibility area, this property ensures consistent rental income from both tenants. The mechanic shop has a loyal customer base, providing consistent rental income, while the restaurant benefits from the vibrant community atmosphere, driving foot traffic and profitability. This property is not just an investment; it's a gateway to financial growth with immediate returns and long-term potential. Whether you're looking to expand your portfolio or dive into the real estate market, this is the perfect opportunity to capitalize. Explore the possibilities today.

    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 24, 2026Previously listedNew$79,900 —E13485480View
    Nov 8, 2024ListedCurrentFor sale$2,499,000 —E10414798This page
    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

      4
      Heating
      Electric Forced Air
      Air conditioning
      Partial
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 2789 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
    $12,277
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $2,094
    1.01% 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 2789 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 2789 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 2789 Danforth Avenue listed for?

      2789 Danforth Avenue is listed at $2,499,000 on the MLS® (listing E10414798). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2789 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.

    Asking
    $2,499,000
    MLS® E10414798
    Chat Zara
  1. 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
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Amazing Investment Opportunity in Toronto!
  2. Dont miss out on this incredible chance to own a prime property in the high-traffic area of Toronto.
  3. The mechanic shop has a loyal customer base, providing consistent rental income, while the restaurant benefits from the vibrant community atmosphere, driving foot traffic and profitability.
  4. Explore the possibilities today.
  5. Ask Zara a follow-up
    Sanitary+Storm Available
  6. Parking & garage

    1
    Garage
    None
  7. Lot & land

    1
    Zoning
    CR3(c2;r2.5)*2219)
  8. Listing & possession

    4
    Possession
    2024-11-08T00:00:00.000-00:00
    Occupancy
    IMMEDIATE
    Property style
    Multi-Use
    Property class
    Commercial Retail
  9. Combined estimate
    $14,371
    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
    $12,277
    /mo
    based on the purchase price of $2,499,000
    $499,800 cash
    $1,999,200 financed
    $1,683,851 total interest
    Monthly payment$12,277/ month
    Principal54%$1,999,200
    Interest46%$1,683,851

    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 commercial retails that just sold in Toronto

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

    • 2455 St Clair Avenue
      Sold
      Sign in for price
      2455 St Clair Avenue
      Commercial Retail
    AddressBd / BaSqftSold$/sqft% of askSold
    2789 Danforth AvenueThis home0 / 0—$2,499,000ask———
    2455 St Clair Avenue0 / 02,560—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More commercial retails in Toronto

    Active listings within ±20% of this asking price.

    • 37-39 Sheppard Avenue
      $2,250,000
      37-39 Sheppard Avenue
      Commercial Retail
    • 2724 Jane Street
      $2,100,000
      2724 Jane Street
      Commercial Retail
    • 2724 Jane Street
      $2,100,000
      2724 Jane Street
      Commercial Retail
    • 496-498 Horner Avenue
      $2,899,000
      496-498 Horner Avenue
      Commercial Retail
    • 1888 Wilson Avenue
      $2,900,000
      1888 Wilson Avenue
      Commercial Retail
    • 666 Yonge Street
      $2,950,000
      666 Yonge Street
      Commercial Retail
    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.

  10. One team, no handoffs

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

  11. Showings on YOUR schedule

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

  12. Mortgage that closes

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

  13. Public listing courtesy of RE/MAX METROPOLIS REALTY · displayed on Summitly per MLS® data-share rules

    2789 Danforth Avenue is a commercial retail at Toronto, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 2789 Danforth Avenue built?

    The year built for 2789 Danforth Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 2789 Danforth Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2789 Danforth Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 2789 Danforth Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,499,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 2789 Danforth Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2789 Danforth Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 2789 Danforth Avenue in?

    2789 Danforth Avenue is in East End-Danforth, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  19. 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.