$2,450,000
FOR SALE

Multiplex 3-Storey

Bedrooms: 4Bathrooms: 6Lot: 17.48 x 100 ft
2025 Taxes: $12,045

1299 Danforth Ave
Toronto, ON M4J 1M8 | Greenwood-Coxwell

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 seprated but fees have been paid to Hydro for separate meters to be installed.
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Listed By RE/MAX REALTRON REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13142472
Last Updated May 23, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 210330210
Legal Description PT LT 1 PL 724 MIDWAY PT 1, 2 & 3, 63R455; T/W & S/T CT6591; CITY OF TORONTO
Possession Date TBD
Taxes (2025) $12,045
Directions/Cross Streets Danforth & Greenwood
Neighbourhood Greenwood-Coxwell
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 4
Bathrooms 6
Lot 17.48 x 100 ft
Exterior Brick
Air Conditioning Wall Unit(s)
Basement Finished, Walk-Up
Garage Type None
Heat Source Electric
Heat Type Forced Air
Sewers Sewer

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