#5 1375 Danforth Road, Toronto (Eglinton East) - Business for Sale
#5 1375 Danforth Road, Toronto (Eglinton East), Ontario, M1J1G7
Description
Prime restaurant opportunity with exceptionally low rent of $2,750/month. Features include an8ft hood, excellent street visibility, and a long-term lease in place until 2032. Ideal fortakeout/dine-in restaurant, cafe, bakery, or fast-casual concepts. The space also offerspotential to be converted for other permitted uses such as franchise operations, conveniencestore, or vape store, subject to landlord and municipal approvals. Located in a high-traffic,high-demand area, this property provides affordability, flexibility, and strong business growthpotential, making it an excellent option for both new and expanding operators. (id:66096)
Property Details
- MLS®
- E13679896
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CL0.4*172)
- Frontage
- 106 ft
- Heating
- Baseboard heaters
- Cooling
- None
- Listed
- 81 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 81 days on market, against an average age of 49 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 (Eglinton East) 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 (M1J)
This home lists at $50,000, about 0.7× the local median household income of $76,500.
Carrying it typically needs a household income of about $9,767 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $76,500
- Population
- 37,002
- Median age
- 37.6
- Owner / renter
- 46% / 54%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA M1J)
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$50,000
Toronto