588 Danforth Avenue, Toronto E03, ON M4K 1R1

  • $2,485,000
588 Danforth Avenue, Toronto E03, ON M4K 1R1
  • E12291728
  • MLS® Number
  • Commercial Retail, Commercial
  • Property Type
  • 2700
  • Sqft
Active For Sale
588 Danforth Avenue, Toronto E03, ON M4K 1R1
588 Danforth Avenue, Toronto E03, ON M4K 1R1
  • $2,485,000

Description

Rarely offered gem on Danforth Ave + Completely rebuilt in 2011 with a 40 ft extension added in 2011 + Foundation underpinned and waterproofed (to the existing structure and extension) offering 7 ft ceiling height in the basement + Total 400 amp power upgrade + New sump pump; bone dry basement + All sewer pipes, drains, joists, electrical wiring, roof, foundation were all redone in 2011 + Property is built to code with original drawings available + Immaculate condition + Remarkable 120 ft deep lot 1. GROUND FLOOR FEATURES: Main entrance on Danforth Ave + Walk-in freezer, commercial range hood, 9-foot ceilings, HRV ventilation system, 2 egress (front and back), 200 amps, access to lower level (two washrooms), and ample storage in the basement 2. UPPER LEVEL FEATURES: Main door entrance on Danforth Ave, 5 separate offices, 8 ft ceiling, separately rented, hardwood floor throughout (in pristine condition), 3-pc washroom in hallway, 2-pc washroom in the unit facing Danforth Ave, potential to convert into apartment suites (rough-in is in place), fire rated doors, 2 skylights in the hallway pouring with natural sunlight, 2 egress (front and back), 200 amps, 4 portable AC units (in addition to CAC), pot lights throughout, smooth ceilings and baseboard heating in each office 3. BASEMENT FEATURES: 2 separate basements partially finished (separate entrance); over 1000 sq ft of additional space and 7 ft height clearance (rare) + ADDITIONAL HIGHLIGHTS: 6 individual meters for hydro, central AC x 3 (2 on the main level and 1 upstairs), HRV x 2, sump pump, total of 4 washrooms with a rough-in to accommodate a 5th washroom, newer roof, newer furnace, 2 private parking spots, all HVAC and HRV systems are owned, no rental items! Steps to the subway and the future Ontario Line and new condo developments. Incredible opportunity!

Details

MLS® Number
E12291728
Property Size
2700 Sqft
Updated on July 18, 2025 at 4:43 pm

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Toronto
  • Property Type: Commercial Sale

Address

  • Address 588 Danforth Avenue
  • City Toronto
  • State/county ON
  • Zip/Postal Code M4K 1R1

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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