$21/mo - 2550 Danforth Avenue Unit North - Office (2 Storey), The Beaches
Commercial for Rent in The Beaches
78 days on marketNeighbourhood: East End-Danforth
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- MLS Number
- E13588692
- Property Type
- Commercial
- Status
- active
- Days on Site
- 78
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 4,777 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Discover a truly distinctive and affordable office opportunity, offering 4,777 square feet across two thoughtfully designed levels and fully furnished. This one-of-a-kind space is highlighted by stunning stained glass windows that fill the interior with vibrant natural light, creating an inspiring and creative atmosphere rarely found in traditional office environments. Ideal for teams seeking a workspace that fosters innovation, the character-rich setting blends functionality with architectural charm. The main floor features a series of bright private offices, a fully equipped kitchen, and a generous open-concept area perfectly suited for collaborative work, events, or creative programming. Above, the mezzanine level overlooks the main floor, providing a unique vantage point that enhances the open feel of the space. The upper mezzanine level includes eight cubicles, a kitchenette, a private office and/or office/meeting room, and two washrooms, including one with a shower-offering convenience for a variety of professional uses. Positioned in a highly accessible and well-connected area along The Danforth, the property is located just steps from Main Subway Station and Main GO Station, ensuring seamless access to the TTC and the broader Greater Toronto Area. Surrounded by a vibrant and densely populated community, this location offers both convenience and visibility, making it an exceptional choice for businesses looking to establish themselves in a dynamic urban setting. The Office Levels are accessible via FOB security controls and provide flexibility to suit a wide range of tenant needs.
Discover East End-Danforth
East End-Danforth 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 East End-Danforth
- •Convenient location in The Beaches / Upper Beaches
- •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
East End-Danforth 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.
2550 Danforth Avenue Unit North - Office (2 Storey), The Beaches / Upper Beaches
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in The Beaches are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 78 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in The Beaches transactions.