1272 DANFORTH AVENUE, Toronto (Danforth)

$100,000

For sale: Other

Other at 1272 DANFORTH AVENUE, Toronto (Danforth)
Property type
Sale Of Business
MLS®
MLS® E13777890
Neighbourhood
Danforth

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

Other homes in Toronto (Danforth) — recent sold market

Other homes in Toronto (Danforth) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.

The median sale price was $67,500.

Homes sold for about 7.7% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
92.3%
Sold above asking
8%

Based on 36 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

Schools in Toronto (Danforth)

Toronto (Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Danforth)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1272 DANFORTH AVENUE