Building overview
506 Danforth Rd is a mid-rise residential building located in Toronto, specifically situated in Ward 20. With a total of 22 registered units, this property provides an intimate living environment. Built in 1965, the structure features architecture characteristic of that era, integrating well with the surrounding community. The building is designed to accommodate various family sizes, comprising a mix of unit layouts that cater to diverse rental preferences.
Neighbourhood
The building is positioned in a vibrant area known for its accessibility and community-oriented atmosphere. The Danforth area, also referred to as Greektown due to the rich cultural heritage, boasts a blend of residential, commercial, and recreational spaces. This neighborhood is recognized for its lively streets, particularly along Danforth Avenue, where numerous shops, restaurants, and cafés offer a wide range of cuisines and services. The area is also home to many parks and green spaces, fostering a sense of community among residents.
Transit and access
Transit access near 506 Danforth Rd is convenient, making it easy for residents to commute to various parts of Toronto. The area is well-serviced by several public transit options, including the Toronto Transit Commission (TTC) bus routes and nearby subway stations. Danforth Avenue is a major bus corridor, providing direct connections to key parts of the city. Additionally, the Danforth subway line is within walking distance, facilitating rapid transit to downtown and other areas. The accessibility by car is also favorable, with major roadways and highways nearby, allowing for efficient travel.
Nearby amenities
Residents of 506 Danforth Rd benefit from a multitude of nearby amenities. Grocery stores, pharmacies, and local markets are all within a short distance, ensuring convenience for everyday shopping needs. The neighborhood features a range of dining options, from casual eateries to more formal restaurants, catering to diverse tastes. Cultural amenities, such as theaters and art galleries, are also accessible, enriching the local cultural landscape. Furthermore, various recreational facilities, including community centers and parks, provide space for outdoor activities and community engagement.
Rental considerations
As 506 Danforth Rd consists of 22 registered units, potential renters may find a variety of options available, with unit sizes and configurations that could appeal to different household types. Given the building’s age, prospective tenants should consider the state of the property and any renovations that may have taken place since its construction in 1965. Rental prices are not specified but may reflect both the size of the unit and the amenities provided within the building and wider community. Individuals interested in renting should also be mindful of local regulations and market trends, which can influence availability and pricing in this sought-after area of Toronto.