Attention Builders, Developers & Investors!Outstanding chance to secure a property on a desirable street with strong redevelopment potential. Surrounded by new builds and gentrification. Bring your creativity to maximize value - perfect for future appreciation and solid cash-flow options! Prime Multi-Business Investment Opportunity on Danforth Avenue. Incredible opportunity to own two adjoining income-generating properties - 2789 & 2793 Danforth Avenue, ideally situated in a high-traffic, high-visibility Toronto corridor. 2789 Danforth Avenue features two established tenants: a popular restaurant and a busy mechanic shop, both well-integrated into the community and providing steady rental income. 2793 Danforth Avenue, a corner lot with exceptional street exposure, is home to a well-established Auto-Electric Mechanic Shop that has served the neighbourhood for over 31 years. The property also includes a newly renovated second-floor office space, offering additional rental potential or flexible owner use. Together, these properties deliver three strong income streams, long-term tenants, and immediate cash flow, all in a location poised for continued growth and redevelopment. Whether you're expanding your portfolio or seeking a solid investment with stable returns, this is a rare opportunity to own two multi-use commercial buildings in one of Toronto's most vibrant corridors.
Address
2789 & 2793 Danforth Avenue
List Price
$5,900,000
MLS® Status
New
Expiration Date
2026-04-01
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto E02
Sub-Area
East End-Danforth
Region
Toronto
Bathrooms
4
Lot Depth
110
Lot Type
Lot
Lot Size Units
Feet
Lot Width
57.2
Parcel Number
210130550
Total Building Area
6292
Occupant Type
Owner+Tenant
Cross Street
DANFORTH AVE / DAWES RD
MLS® Number
E12523100
Listing Brokerage
RE/MAX METROPOLIS REALTY
Basement
Yes
Postal Code
M4C 1L9
Posession Details
90 DAYS
Tax Amount
$43,569.99
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
No
Garage Type
None
Tax Legal Description
* LOT 17 AND EASTERLY 4'5" OF LOT 18, PLAN 748 AS DESCRIBED IN CA168293.CITY OF TORONTO. , CITY OF TORONTO and WESTERLY 16' OF LOT 18, WHOLE LOT 19, AND PART OF LOT 20 AS DESCRIBED IN CT594853, PLAN 748. CITY OF TORONTO. , CITY OF TORONTO see schedule
Security Features
No
Sewer
Sanitary+Storm Available