162 Danforth Avenue, Toronto (North Riverdale) - Business for Sale
162 Danforth Avenue, Toronto (North Riverdale), Ontario, M4K1N2
This business in Toronto is for sale offering roughly 2,801 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 60 days.
Description
One Of A Kind Completely Renovated Restaurant On The Beautiful Danforth Prime Strip. Completely Turnkey! Steps From Subway! Transferrable Liquor License. Built Out Bar On Main Floor, Immaculate Dug Down Basement With Walk In Fridge. Roughly 5 Years Left on a 5 Year Term. 500 Sqft Of Patio Licensed For 42 Seats + 8 Seat Front Patio. Inside Licensed For 59 Seats. Furnishing And High-End Kitchen Equipment Included In Sale. (id:66096)
Property Details
- MLS®
- E13759382
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Mixed Use
- Interior Size
- 2,801 ft²
- Lot Size
- 22 × 100 ft (2,209 sq ft)
- Frontage
- 22 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $21,311/yr
- Listed
- 56 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 60 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 (North Riverdale) has been listed for 56 days, which is 4 days fresher than the city average of 60. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4K)
This home lists at $129,900, about 1.5× the local median household income of $84,000.
Carrying it typically needs a household income of about $25,374 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $84,000
- Population
- 30,913
- Median age
- 43.2
- Owner / renter
- 45% / 56%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4K)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$129,900
Toronto