1272 Danforth Avenue, Toronto (Danforth) - Business for Sale
1272 Danforth Avenue, Toronto (Danforth), Ontario, M4J1M6
Description
LOW RENT RESTAURANT OPPORTUNITY ON DANFORTH! Excellent opportunity to own a fully equipped, turn-key restaurant at 1272 Danforth Ave in a busy and established Toronto dining corridor. Attractive lease with Base Rent of only $ $3800/month + TMI of $925/month. The premises feature a well-designed dining area, commercial kitchen with hood, stainless-steel equipment, prep/service counters, walk-in cooler, storage space and basement area. Located directly on Danforth Avenue, surrounded by restaurants, cafés, bars and neighbourhood businesses, including popular establishments within steps of the property. The Danforth is a vibrant mixed residential and commercial corridor known for its strong restaurant culture, pedestrian activity and diverse customer base. Excellent TTC accessibility with Line 2 Bloor-Danforth subway service nearby, providing convenient east-west access across Toronto. Great opportunity for an owner-operator looking for an established restaurant location with exceptionally affordable rent for the Danforth. Suitable for a variety of food concepts, subject to landlord approval and applicable licensing. Do not go direct or speak with employees. (id:66096)
Property Details
- MLS®
- E13777890
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commericial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Garage
- Other
- Listed
- 52 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 52 days on market, against an average age of 43 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Danforth) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4J)
This home lists at $100,000, about 1.1× the local median household income of $93,000.
Carrying it typically needs a household income of about $19,534 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 35,128
- Median age
- 42
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA M4J)
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$100,000
Toronto