588 Danforth Avenue Toronto, Ontario M4K 1R1
$2,485,000
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: Walk-in freezer, commercial range hood, 9-foot ceilings, HRV ventilation system, two egress points (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 an apartment suite (rough 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; over 1000 sq ft of additional space and 7ft height clearance (rare) + ADDITIONAL HIGHLIGHTS: 6 separate meters for hydro, central AC x 3 (2 on 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! (id:56248)
Property Details
| MLS® Number | E12291728 |
| Property Type | Retail |
| Neigbourhood | Toronto—Danforth |
| Community Name | Playter Estates-Danforth |
| Farm Type | Other |
| Parking Space Total | 2 |
Building
| Age | 6 To 15 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,700 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 120 Ft |
| Size Frontage | 16 Ft |
| Size Irregular | 16 X 120 Ft |
| Size Total Text | 16 X 120 Ft |
| Zoning Description | Commercial |
Interested?
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July 17 2025 08:31:54
Toronto Regional Real Estate Board
Century 21 Atria Realty Inc.