Unit 1299, 1301 Danforth Avenue
Toronto (Greenwood-Coxwell), ON M4J 1M8
- 2+2Bedrooms
- 6Bathrooms
- 4Parking
- 2500–3000Sq Ft
- $12,045Tax
- 17×100 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for Unit 1299, 1301 Danforth Avenue, Toronto, Greenwood-Coxwell
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About Unit 1299, 1301 Danforth Avenue, Toronto, Greenwood-Coxwell
Summarized Description
- Turnkey investment with strong cash flow potential.
- Fully income-producing mixed-use property.
- Prominent commercial space with established tenant.
- Four furnished residential apartments generating income.
- Recent renovations totaling 400K for upgrades.
- Located near subway in vibrant corridor.
- Rooftop billboard lease for additional income.
- Surrounded by retail, restaurants, and amenities.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $12,045
- Land Transfer Tax Fee
- $95,450
- Basement Type
- Finished, Walk-Up
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Flat
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 17.48 ft
- Lot Depth
- 100.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 2 + 2
- Washrooms
- 6
- Kitchens
- 5
Washrooms
- 2-piece, Basement
- 3-piece, Second
- 3-piece, Third
- Municipality
- Toronto
- Neighbourhood
- Greenwood-Coxwell
- Main cross streets
- Danforth & Greenwood
- Directions
- Greenwood Subway Station
- MLS® number
- E13142472
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-05-19
- Updated on
- 2026-05-27
- Days on market
- 151 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX REALTRON REALTY INC.
Home Market Value
Current home valuation for Unit 1299, 1301 Danforth Avenue, Toronto, Greenwood-Coxwell, Toronto, ON. Listed for $2,450,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for Unit 1299, 1301 Danforth Avenue, Toronto, Greenwood-Coxwell
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$490,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,960,000 | $1,837,500 | $1,715,000 | $1,592,500 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $9,570monthly | $8,972monthly | $8,373monthly | $7,775monthly |
Land Transfer Tax
$47,725
$47,725
$95,450
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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