2558 Danforth Avenue
East End-Danforth, Toronto, M4C 1L3
$6,995,000
Listed 49 days ago · MLS® E13730448
About this home
Once-in-a-generation investment or user opportunity to acquire a prime 45 ft x 125 ft corner property at Danforth Ave and Main St. This 100% commercial mixed-use, 2-storey building features a generous 4,317 SF floor plate per level across 3 floors (including a lower level with 2,363 SF finished), offering approx. 11,000 SF of Gross Leasable Area with zero residential units, stable in-place cash flow, and significant immediate upside. The main floor retail features Main Drug Mart, alongside a walk-in medical clinic, bakery café, and shawarma restaurant, while upper and lower levels feature office/service-based uses including dental, lawyer and more. Additional revenue stream from 2 high-visibility rooftop billboards and convenience of 6 parking spaces off the rear municipal lane. Backing directly onto Main Street Subway Station and steps to Danforth GO Station, this asset sits in a rapidly intensifying node with over 10,000 proposed/under-construction units nearby, plus future development potential if further assembled.
Details
- Type
- Commercial Retail
- Age
- 100+ years
- Lot
- 45 × 125 ft
- Garage
- None
- Property tax
- $42,565 (2025)
- Neighbourhood
- East End-Danforth
- Municipality
- Toronto E02
Heating, cooling and services
- Heating
- Baseboard
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Age
- 100+
- Building area
- 11,000 Square Feet
More
- Possession
- TBA
- Cross street
- Danforth Ave & Main St
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Main Street Subway1 min walk
- 🚇 Woodbine Subway14 min walk
- 🚆 Danforth GO4 min walk
Within a 10-minute walk: 9 grocery stores, 42 cafés and restaurants, 13 parks, 12 pharmacies. Nearest grocery: Janny Fruit Mart (50 m). Nearest park: Stanley G. Grizzle Park (100 m).
Schools nearby
Elementary
- William J McCordic School5 min walk
- Secord Elementary School
EQAO: Gr 3 reading 69%, math 58%6 min walk - Gledhill Junior Public School
EQAO: Gr 3 reading 83%, math 67%10 min walk - Kimberley Junior Public School
EQAO: Gr 6 reading 90%, math 67%10 min walk
Secondary
- Malvern Collegiate Institute
EQAO: Gr 9 math 78%, literacy test 96%15 min walk - D A Morrison Middle School17 min walk
- Notre Dame Catholic High School Catholic
EQAO: Gr 9 math 67%, literacy test 97%17 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M4C
- Owners / renters
- 53% / 47%
- Median household income
- $83,000
- Average age
- 40
- Children under 15
- 17%
- Homes
- 27% detached, 38% high-rise
- Commute by transit
- 37%
- Population
- 46,440
Languages spoken most at home besides English: Bengali 4.3%, Yue (Cantonese) 2.1%, Urdu 1.4%, Tagalog (Pilipino, Filipino) 0.9%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in East End-Danforth (2025): about the Toronto average, down 11% from the year before.
- Assaultabout average
- Break and enterabout average
- Auto theft35% below average
- Robbery34% below average
- Theft from vehiclesabout average
- Shootings51% below average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 13 active
-
294 MAIN ST · 100 mPlan of Condominium · Draft Plan Approved · applied 2026Draft Plan of Standard Condominium for 5 retail condominium units.Application details
-
2720 DANFORTH AVE · 300 mSite Plan · Under Review · applied 2026Proposed mass timber building with an 8-storey portion located at the rear of the site, adjacent the laneway, connected with a 4-storey portion on the Danforth…Application details
-
2681 DANFORTH AVE · 250 mOfficial Plan / Zoning By-law Amendment · OMB Appeal · applied 2022Rezoning and Official Plan Amendment applications for a 33 storey residential tower (Tower A) and a 48 storey residential tower (Tower B) connected by a 2-8…Application details
-
8 DAWES RD · 400 mSite Plan · Under Review · applied 2022Site Plan application for a 52 residential building with retail at grade containing 579 units, inlcuding 12 units of affordable housing , The development…Application details
-
8 DAWES RD · 400 mOfficial Plan / Zoning By-law Amendment · OMB Appeal · applied 2022Rezoning application for a 52 residential building with retail at grade containing 579 units, inlcuding 12 units of affordable housing , The development…Application details
-
2575 DANFORTH AVE · 100 mOfficial Plan / Zoning By-law Amendment · OMB Appeal · applied 2022Rezoning application to redevelop certain portions of this large 3.18-hectare property with five new buildings (Buildings E to I) ranging in height from 15 to…Application details
14 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 8 km. Transit times · Driving times
Noise 1 source nearby
- 🚆 Rail line (Kingston Subdivision)250 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
No building permits at this address since 2014.
5 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
22 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by ROYAL LEPAGE ESTATE REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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