563 Danforth Avenue, Toronto (North Riverdale) - Business for Sale
563 Danforth Avenue, Toronto (North Riverdale), Ontario, M4K1P9
This business in Toronto is for sale offering roughly 1,400 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 60 days.
Description
Located nestled in a lively Greek town block, this charming bakery has recently been renovated with lovely decor, creating a welcoming atmosphere. It's perfectly suited for the next baker, bubble tea shop, or cozy cafe. The space is fully equipped with many helpful fixtures. Spanning 1400 sqft on the main floor and 800 sqft in the basement, plus one parking spot, it's ready to welcome new adventures. Net $5,100/ mth + TMI + HST, expired January 2030 + 5 year option (id:66096)
Property Details
- MLS®
- E14127414
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 1,400 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 6 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 6 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 6 days, which is 54 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 $119,000, about 1.4× the local median household income of $84,000.
Carrying it typically needs a household income of about $23,245 (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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$119,000
Toronto