$100,000
For sale: Other

LOW RENT RESTAURANT OPPORTUNITY ON DANFORTH! Excellent opportunity to own a fully equipped, turn-key restaurant at 1272 Danforth Ave in a busy and established Toronto dining corridor. Attractive lease with Base Rent of only $ $3800/month + TMI of $925/month. The premises feature a well-designed dining area, commercial kitchen with hood, stainless-steel equipment, prep/service counters, walk-in cooler, storage space and basement area. Located directly on Danforth Avenue, surrounded by restaurants, cafés, bars and neighbourhood businesses, including popular establishments within steps of the property. The Danforth is a vibrant mixed residential and commercial corridor known for its strong restaurant culture, pedestrian activity and diverse customer base. Excellent TTC accessibility with Line 2 Bloor-Danforth subway service nearby, providing convenient east-west access across Toronto. Great opportunity for an owner-operator looking for an established restaurant location with exceptionally affordable rent for the Danforth. Suitable for a variety of food concepts, subject to landlord approval and applicable licensing. Do not go direct or speak with employees.
Sold data
Homes in Danforth took a median of 8 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 19, across 64 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 13 days.
The median sale price was $1,099,000.
Homes sold for about 3.2% above asking on average.
About 56% of sales closed above the list price.
Around 6% of sellers reduced their price before finding a buyer.
Based on 64 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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