1426 Danforth Avenue, Toronto (Danforth) - Business for Sale
1426 Danforth Avenue, Toronto (Danforth), Ontario, M4J1N4
This business in Toronto is for sale offering roughly 1,000 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 42 days.
Description
Excellent Opportunity On The Danforth! Great Visibility. Newly Renovated Corner Café With Outstanding Street Exposure And A Spacious Wraparound Patio On The Danforth. Located In A Vibrant, Walkable Neighbourhood Surrounded By Established Restaurants, Shops, Residential Communities And Just Minutes From Greenwood Subway Station. Currently Operating As Loukoumania Café, A Modern European-Inspired Desert Place Specializing In Authentic Greek Loukoumades, Specialty Coffees, Pastries, Gelato And Desserts. Beautifully Finished With A Welcoming Atmosphere And Excellent Indoor And Outdoor Seating. Ideal For An Entrepreneur Looking To Take Over An Existing Café Franchise With Brand Training And Support, Or Rebrand And Introduce Their Own Concept. A Versatile Hospitality Space In One Of Toronto's Popular Dining Corridors, With Excellent Visibility And Year-Round Neighbourhood Appeal. (id:66096)
Property Details
- MLS®
- E14122202
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 1,000 ft²
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $23,999.64/yr
- Listed
- 8 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 8 days on market, against an average age of 42 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) has been listed for 8 days, which is 34 days fresher than the city average of 42. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4J)
This home lists at $425,000, about 4.6× the local median household income of $93,000.
Carrying it typically needs a household income of about $83,017 (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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$425,000
Toronto