$2,450,000Asking Price
1301 Danforth Avenue 1299, Toronto E01, ON M4J 1M8 #1299
Danforth Mosaic, Toronto
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.
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.
See MoreKey Info
- 3-Storey Multiplex
- 4 Parking
- No Garage
- Danforth & Greenwood
- 2500-3000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Electric Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $12,045 in 2025
- Possession: TBD
Details
- Brick Exterior
- No Fireplace
- 5 Kitchens
- MLS #E13142472
- RE/MAX REALTRON REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 2-Piece Bathrooms | |||
| 2 3-Piece Bathrooms | |||
| 2 3-Piece Bathrooms | |||
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Who lives here?
Danforth Mosaic, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business and education, law & public sector professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 49 and 35 to 49 and seniors aged 65 to 69.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
46%
of residents are
single and loving it.
46% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
36%
of residents
are renters.
36% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
55%
of residents are
university grads.
55% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$128K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 14% |
| Sales | 12% |
| Business | 12% |
| Management | 10% |
| Culture | 6% |
Immigrants
33%
of residents were
born outside of Canada.
33% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.6% from India
All-time
Birthplace - Recent
0.4% from India
Recent
Foreign Languages
Foreign Languages
| Cantonese | 5% |
| Greek | 4% |
| Gujarati | 3% |
| Italian | 2% |
| French | 2% |
Religions
Religions
| Christian | 51% |
| Muslim | 8% |
| Buddhist | 3% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
