NewFor Sale

588 Danforth Avenue
Toronto E03, Toronto, ON, M4K 1R1

Commercial Retail
TRREB
MLS® Number: E12335181
$1List Price
Commercial RetailProperty Type
2,700 sq ftSize
$34,858.46 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 588 Danforth Avenue, Toronto E03, ON M4K 1R1

0 Transactions by CPRB Agents

Top Agents in Toronto E03

Description

Rarely offered gem on Danforth Ave + Completely rebuilt in 2011 with a 40 ft extension 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; bone dry basement + All sewer pipes, drains, joists, electrical wiring, roof, foundation were all redone in 2011 + 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!

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$34,858.46 / 2025
Listing #:E12335181
Property Type:Commercial Retail
Building Age:6-15
Size:2,700 sq ft
Land Size:16 x 120
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 ATRIA REALTY INC.

Rooms

Details

Property

Property Type:Commercial Retail
Community:Playter Estates-Danforth
Municipality:Toronto

Building

Size:2,700 sq ft
Building Age:6-15

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Danforth/Pape

$1

List price

588 Danforth Avenue, Toronto E03 – Commercial Retail for sale · MLS® # E12335181