$1,888,000 - 1331 Danforth Avenue, Scarborough
Commercial for Sale in Scarborough
- MLS Number
- E12751542
- Property Type
- Commercial
- Status
- active
- Days on Market
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 0 sqft
- City
- Scarborough
Commercial Store: 2.5 Apartments & 2.5 Commercial Units - Access to Attic from the Front Apartment. Fantastic Unique Investment Opportunity to Own a Corner Store, across from Greenwood Subway Station (100m to Linsmore: TTC Entrance) -- Priced to Sell. Some Rents are Below Market Rate. Total Gross Yearly Income $121,000. At this Price, it Won't Last!
Discover Toronto E01
Toronto E01 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Toronto E01
- •Convenient location in Toronto E01
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Toronto E01 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1331 Danforth Avenue, Toronto E01
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Just Listed - Act Strategically
This property hit the market within the last week. In Toronto E01's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Toronto E01 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.