1924 DANFORTH AVENUE, Toronto (Danforth)

$1,189,000

For sale: Other

Other at 1924 DANFORTH AVENUE, Toronto (Danforth)
Property type
Commercial Retail
MLS®
MLS® E13770550
Neighbourhood
Danforth

Exceptional Investment Opportunity in the Heart of Danforth Village! A rare opportunity to own a beautifully renovated mixed-use property in one of Toronto's most vibrant and sought-after neighbourhoods, directly across from a park and just steps to the subway.Recently renovated from top to bottom, this exceptional property is ideally situated in the vibrant Danforth area. The main-floor commercial unit features a hair salon, while the occupied lower-level commercial space provides additional rental income. The upper level offers a two-bedroom residential apartment. Recent improvements include new concrete basement floors, new plumbing and electrical throughout, along with upgrades to the roof and HVAC systems. Over $400,000 in renovations were completed in 2020. An excellent opportunity for investors or owner-operators seeking a versatile property in a thriving neighbourhood, featuring rear parking, exceptional exposure, and strong income potential.

Sold data

Homes in Danforth — recent sold market

Homes in Danforth took a median of 8 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 19, across 64 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 13 days.

The median sale price was $1,099,000.

Homes sold for about 3.2% above asking on average.

About 56% of sales closed above the list price.

Around 6% of sellers reduced their price before finding a buyer.

Median days to sell
8
Median sale price
$1,099,000
Sale-to-list ratio
103.2%
Sold above asking
56%

Based on 64 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Danforth)

Toronto (Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Danforth)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1924 DANFORTH AVENUE