962-974 Danforth Avenue
962-974 Danforth Avenue
$6,700,000
$766/sq ft · 6 days on market
About This Listing
Over 70 feet frontage on the Danforth, adjacent to Greek Town. Backing onto Donlands Subway. Profitable businesses (licensed cafe 9 years, bar 42 years). Excellent potential for future redevelopment, in particular, seniors residence, medical centre, purpose built rental etc. Owner willing to lease back entire complex to provide holding income for future larger development. Term to be negotiated.
| Monthly Mortgage (P&I) | $29,191 |
| Property Tax (MLS) | $4,000 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $33,191 |
Down payment: $1,340,000 (20.0%) · Mortgage: $5,360,000
Property tax uses MLS annual tax of $48,000/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: August 22, 2026 at 10:26 p.m.