588 Danforth Avenue
Playter Estates-DanforthToronto, ONM4K 1R1Near Danforth/Pape
- 2700 sqft
3 upcoming open houses
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What this listing tells us
Rarely offered gem on Danforth Ave + Totally renovated and extended building with a new addition added in 2011. + Foundation underpinned and waterproofed (to the existing structure and extension) offering 7 ft ceiling height in the basement + Total 400 amp power upgrade + New sump pump and plumbing in the entire building + All sewer pipes, drains, joists, electrical wiring, roof, foundation were all redone in 2011 + New Central Heating and air Conditioning System serving independantly each floor + Property is built to code with original drawings available + Immaculate condition + Remarkable 120 ft deep lot 1. GROUND FLOOR FEATURES: Main entrance on Danforth Ave+ Walk-in freezer, commercial range hood, 9-foot ceilings, HRV ventilation system, 2 egress (front and back), 200 amps, access to lower level (two washrooms), and ample storage in the basement 2. UPPER LEVEL FEATURES: Main door entrance on Danforth Ave, 5 separate offices, 8 ft ceiling, separately rented, hardwood floor throughout (in pristine condition), 3-pc washroom in hallway, 2-pc washroom in the unit facing Danforth Ave, potential to convert into apartment suites (rough-in is in place), fire rated doors, 2 skylights in the hallway pouring with natural sunlight, 2 egress (front and back), 200 amps, 4 portable AC units (in addition to CAC), pot lights throughout, smooth ceilings and baseboard heating in each office 3. BASEMENT FEATURES: 2 separate basements partially finished (separate entrance); over 1000 sq ft of additional space and 7 ft height clearance (rare) + ADDITIONAL HIGHLIGHTS: 6 individual meters for hydro, central AC x 3 (2 on the main level and 1 upstairs), HRV x 2, sump pump, total of 4 washrooms with a rough-in to accommodate a 5th washroom, newer roof, newer furnace, 2 private parking spots, all HVAC and HRV systems are owned, no rental items! Steps to the subway and the future Ontario Line and new condo developments. Incredible opportunity!
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 3, 2026 | Previously listed | New | $780 | — | E13240974 | View |
| Mar 31, 2026 | Previously listed | New | $2,389,000 | — | E12941870 | View |
| Oct 16, 2025 | Previously listed | Ter | $2,389,000 | — | E12469823 | View |
| Sep 18, 2025 | Previously listed | Ter | $790 | — | E12417768 | View |
| Aug 9, 2025 | ListedCurrent | For sale | $1 | — | E12335181 | This page |
| Jul 17, 2025 | Previously listed | Ter | $2,485,000 | — | E12291728 | View |
| May 8, 2025 | Previously listed | Ter | $795 | — | E12139087 | View |
| Apr 23, 2025 | Previously listed | Ter | $2,495,000 | — | E12099566 | View |
| Sep 30, 2024 | Previously listed | Ter | $2,595,000 | — | E9376316 | View |
| Sep 23, 2024 | Previously listed | Ter | $199,000 | — | E9363435 | View |
| Jul 2, 2024 | Previously listed | Ter | $795 | — | E9010335 | View |
| Apr 16, 2024 | Previously listed | Ter | $2,998,000 | — | E8244706 | View |
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
- Gas Forced Air Open
- Air conditioning
- Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
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.
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$1,094,419Last 30 days
- Median sold price$861,056Middle of the market
- Days on market28 dAvg from list to close
- Closed last 30d6,750MLS® transactions
We'll get you into 588 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 588 Danforth Avenue and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 588 Danforth Avenue listed for?
588 Danforth Avenue is listed at $1 on the MLS® (listing E12335181). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 588 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.
