1338 Danforth Avenue
Danforth Toronto M4J 1M9

$1,650,000 /For Sale
Commercial

Main Photo: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 1: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 2: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 3: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
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Photo 6: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
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Photo 36: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
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Photo 43: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 44: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 45: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 46: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 47: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 48: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Photo 49: 1338 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E14176626
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E14176626
Bus Major:
Retail Store Related
ATTENTION INVESTORS, BUILDERS & OWNER-USERS! Exceptional mixed-use investment opportunity on vibrant Danforth Ave between Greenwood and Coxwell, steps to Greenwood TTC subway, shops, restaurants and everyday amenities. Enjoy commercial rental income from the tenant-occupied main floor and basement, with additional income potential from the spacious second-floor residence. Separate commercial and residential entrances provide flexibility for investors, business operators and multi-generational living. The approx. 1464 sq. ft. 1st floor + 1270 sq. ft. of basement is configured for retail/office use, featuring a 3-piece washroom, shelving and desks. A large basement offers additional usable space, a basic kitchen and washroom rough-in. The approx. 914sq. ft. upper apartment offers 3 bedrooms, a family room, dining area, full kitchen and renovated 3-piece bathroom. Bamboo flooring, LG stove, Whirlpool refrigerator and washer/dryer hookups in the third-bedroom closet add everyday convenience. Lease the entire 3-bedroomapartment or explore individual room-rental possibilities, subject to applicable requirements. Notable improvements include an upgraded electrical panel (approx. 5 years ago), roof (approx.5 years ago), deck (approx. 3 years ago), windows, doors and skylight (approx. 2 years ago),basement drain piping replaced with PVC in 2026. Enjoy an outdoor deck, rear laneway access, aprivate garage parking space and an owned hot water tank. BUILDERS & DEVELOPERS: Envision abrand-new mixed-use residential building with street-level retail in a sought-after urbancorridor, subject to required approvals. Great visibility and convenient front and rear accessin the heart of Danforth Village with strong neighbourhood appeal. A compelling opportunity tocollect rental income, establish a business below your residence or pursue a new developmentvision along one of Toronto's established east-end commercial streets.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
2583 sq. ft. Square Feet
Total Area:
2,583 sq. ft.
Retail Area:
1464 sq. ft. Sq Ft
Office/Apt Area:
1119 sq. ft. Sq Ft
Lot Depth:
110'
Lot Frontage:
18'1"
Water supply:
Municipal
Zoning:
CR 3.0
Heating type:
Gas Forced Air Closed
Garage:
Covered
Possession Details:
Commercial tenant
Lot Irregularities:
16.7 ft x 110.16 ft x 16.52 ft x 110.16
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$15,981.28 / 2026
Assessment:
$- / -
Toronto
Toronto E03
Danforth
No
LG Stove and Whirlpool Fridge on 2nd floor. Hot water tank owned.
Chattels belonging to the retail tenant, residential tenant.
None
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Multi-Use
Date Listed:
Nov 13, 2026
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated November 13, 2026 at 10:15 PM (UTC)
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