2183 & 2185 Danforth Avenue, Toronto, ON M4C 1K4
Income producing property investment opportunity within 300m radius of a TTC Station. This rare, wide 44.5ft frontage property features two combined mixed-use buildings, fully leased with stable, multi-stream income. The asset includes a flagship anchor restaurant (LLBO) on the main/lower levels, a basement office, and four residential apartments. Located in a rapidly densifying Transit-Oriented Community (TOC) steps from Woodbine TTC Subway Station. Recent 2024/2025 high-value upgrades include: two new high-efficiency IBC SL 20-160 hydronic boilers, new tankless water heater, and a full renovation of Unit 2183B. Features 10 tandem parking spaces with rear laneway access. A turn-key holding property with significant future redevelopment potential in a high-traffic urban hub. HST applicable to commercial portion only. Seller and Buyer to agree on price allocation at time of offer.
- MLS number
- E13071412
- Type
- Store W Apt/Office
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- M4C 1K4
- Photos
- 44
- Property tax
- $24,038 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Store W Apt/Office
- Class
- Commercial
- Community
- East End-Danforth
- Municipality
- Toronto E02
- Cross street
- Woodbine And Danforth
- Zoning
- CR3(c2;r2.5)*2219)
Parking
- Garage
- Outside/Surface
Land
- Lot
- 44.5 × 100 feet
- Shape
- Rectangular
Heating, cooling and services
- Heating
- Gas Hot Water
- Cooling
- Yes
- Water
- Municipal
- Sewer
- Sanitary+Storm
Listing
- MLS number
- E13071412
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-05-01
- Expires
- 2026-12-31
- Possession
- 2026-07-31
- Taxes
- $24,038 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Approximate — placed from the postal code, which can cover a block or more.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| St Brigid Catholic School Toronto CDSB | Elementary | 531 m | / 10 76% met the standard |
| Secord Elementary School Toronto DSB | Elementary | 926 m | / 10 61% met the standard · 3 of 6 measures |
| Norway Junior Public School Toronto DSB | Elementary | 1.1 km | / 10 85% met the standard |
| Bowmore Road Junior and Senior Public School Toronto DSB | Elementary | 1.1 km | / 10 64% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 920 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35200596 — the few blocks around this address, home to 920 people. It describes the area, not this property.
Percentages are of the 620 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 1 still in progress.
Site Plan Control application to permit a 10- and 35-storey mixed-use building connected by a 1-storey podium, containing 601 rental dwelling units and 4,474.3 square metres of non-residential gross floor area.…
City planning file →Draft Plan of Standard Condominium for 2 residential units.
City planning file →City-initiated Official Plan and Zoning By-law Amendment to permit the construction of a missing middle development at 72 Amroth Avenue.…
City planning file →Draft Plan of Condominium for a 10-storey mix-use building, consisting of 140 units, 171 bicycle parking spots and 85 parking spots.
City planning file →Draft plan of condominum application respecting a recently-constructed building (156 units)
City planning file →Official Plan and Zoning By-Law Amendments to permit the redevelopment of the site for a a 35-storey residential mixed-use building along Danforth Avenue and a 10-storey residential building along Strathmore Boulevard.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.