783 Danforth Avenue

Blake-Jones, Toronto, M4J 1L2

$2,300,000

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  • 7 bathrooms

Listed 8 days ago · MLS® E13886782

About this home

Exceptional 6.3 CAP turn-key mixed-use investment opportunity in the heart of Toronto's vibrant Danforth corridor! 783 Danforth Avenue offers an impressive combination of commercial and residential income with six distinct income-producing components.The property features an established long term main-floor restaurant, lower-level retail space and four spacious two-bedroom apartments across the upper two levels. Three of the four apartments have been renovated, providing attractive, updated living spaces with strong rental appeal. All units are separately hydro metered, helping reduce landlord expenses and simplify management.Ideally positioned on a high-visibility stretch of Danforth Avenue with strong pedestrian and vehicular traffic, the property benefits from excellent transit access and is surrounded by established restaurants, shops, services and neighbourhood amenities.An outstanding opportunity for investors seeking diversified income from both commercial and residential tenancies, with the added potential to further enhance revenue and long-term value. A compelling addition to any real estate portfolio in one of Toronto's most established mixed-use corridors.

Details

Type
Store W Apt/Office
Lot
19.69 × 117.41 ft
Garage
None
Property tax
$16,854 (2025)
Neighbourhood
Blake-Jones
Municipality
Toronto E01

Interior

Bathrooms
7 × bathroom

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Partial
Utilities
Yes

Building and exterior

Building area
4,087 Square Feet

More

Possession
60-89 days
Cross street
Danforth/Jones

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

  • 🚇 Pape Subway4 min walk
  • 🚇 Donlands Subway6 min walk
  • 🚆 Danforth GO3.4 km

Within a 10-minute walk: 10 grocery stores, 108 cafés and restaurants, 14 parks, 8 pharmacies. Nearest grocery: Masellis Supermarket (200 m). Nearest park: Langford Parkette (100 m).

Schools nearby

Elementary

  • Kapapamahchakwew - Wandering Spirit School
    EQAO: Gr 6 reading 64%, math 9%
    6 min walk
  • Wilkinson Junior Public School
    EQAO: Gr 6 reading 91%, math 61%
    8 min walk
  • Holy Name Catholic School Catholic
    EQAO: Gr 6 reading 91%, math 69%
    8 min walk
  • Frankland Community School
    EQAO: Gr 6 reading 97%, math 52%
    12 min walk

Secondary

  • Earl Grey Senior Public School4 min walk
  • Subway Academy I Private6 min walk
  • Danforth Collegiate and Technical Institute
    EQAO: Gr 9 math 55%, literacy test 78%
    11 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 M4J

Owners / renters
62% / 38%
Median household income
$93,000
Average age
42
Children under 15
17%
Homes
29% detached, 16% high-rise
Commute by transit
30%
Population
35,128

Languages spoken most at home besides English: Greek 3.2%, Yue (Cantonese) 2.5%, Mandarin 0.9%, Tagalog (Pilipino, Filipino) 0.7%.

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 Blake-Jones (2025): 24% below the Toronto average, down 17% from the year before.

  • Assaultabout average
  • Break and enter48% below average
  • Auto theft35% below average
  • Robbery38% below average
  • Theft from vehicles83% below average
  • Shootings50% above 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 6 active

  • 680 DANFORTH AVE · 250 m
    Site Plan · Under Review · applied 2024
    Site Plan Approval for the Pape Station as part of the Ontario Line Subway
    Application details
  • 658-668 DANFORTH AVE · 250 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2022
    The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and…
    Application details
  • 658-668 DANFORTH AVE · 250 m
    Site Plan · Under Review · applied 2022
    The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and…
    Application details
  • 975 DANFORTH AVE · 350 m
    Site Plan · Under Review · applied 2022
    Site Plan Approval for proposed 10-storey mixed-use building having a non-residential gross floor area of 3,985.89 square metres, and a residential gross floor…
    Application details
  • 975 DANFORTH AVE · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2022
    Rezoning for proposed 10-storey mixed-use building having a non-residential gross floor area of 423.63 square metres, and a residential gross floor area of…
    Application details
  • 1030 DANFORTH AVE · 450 m
    Site Plan · Under Review · applied 2020
    INACTIVE The proposal is a site plan approval for an 8-storey mixed-use building, containing 53 residential dwelling units, and 2 non-residential units. Three…
    Application details

1 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): 5 km. Transit times · Driving times

Coming transit

  • 🚧 Pape 250 m
  • 🚧 Cosburn 1.3 km
  • 🚧 Gerrard 1.3 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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.

Full lot check · Run the numbers

Building permits

  • Fire Alarm · 2019 · Closed
    New Fire Alarm System
  • Interior Alterations · 2018 · Closed
    Proposed interior alterations to third floor of existing mixed use building
  • Interior Alterations · 2017 · Cancelled
    Proposal for interior alterations to basement for a new retail unit in existing multiple unit building.

3 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

46 City street trees within 100 m, mostly elms. That’s about 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 INTERNATIONAL REALTY FIRM, INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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