397 Danforth Avenue, Toronto (North Riverdale) - Business for Sale
397 Danforth Avenue, Toronto (North Riverdale), Ontario, M4K1P1
Description
Well known Resturant in the heart of Danforth. With Patio, liquor lisence and basement. 58 Seats + 12 at the patio. 5 + 5 years lease. It is a persian cuisine right now but It can be converted to any cuisine. (id:66096)
Property Details
- MLS®
- E13723314
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Frontage
- 16 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 68 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 68 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) 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 (M4K)
This home lists at $249,000, about 3.0× the local median household income of $84,000.
Carrying it typically needs a household income of about $48,638 (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)
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$249,000
Toronto