2438 Danforth Av 6,351 SF Retail Building Toronto, ON M4C 1K9 $1,850,000 CAD ($291.29 CAD/SF) 6.89% Cap Rate

Situated on the north side of Danforth Avenue just east of Woodbine, this well-maintained mixed-use property offers a compelling opportunity for investors or end-users seeking a high-visibility location in one of Toronto’s most dynamic corridors. The main floor is currently configured for medical or professional office use, featuring multiple divided rooms, each equipped with plumbing, electrical, countertops, and cabinetry. Ideal for healthcare, wellness, or service-based operations. A full basement provides additional storage or expansion potential.
Above the commercial space are two spacious 2-bedroom residential apartments, each separately metered and well-equipped with essential appliances and mechanicals. This configuration offers stable rental income and tenant diversification, making the property a strong candidate for long-term investment. With over 15 years of continuous dental office operation, the space is primed for continued professional use or easy conversion to suit a future tenant or owner-occupier. The property benefits from strong pedestrian traffic, excellent transit access, and proximity to retail amenities and residential density. A Vendor Take-Back (VTB) mortgage option is available, offering added flexibility for qualified buyers.
Included Extras:
(2) fridges, (2) stoves, (2) rangehoods, (2) gas furnaces, (2) hot water tanks, (1) central air conditioner, all light fixtures, all window coverings, and office desk on the main floor.