1870 DANFORTH AVENUE, Toronto (Danforth)

$159,900

For sale: Other

Other at 1870 DANFORTH AVENUE, Toronto (Danforth)
Property type
Sale Of Business
MLS®
MLS® E13689332
Neighbourhood
Danforth

Prime Danforth Avenue restaurant opportunity located at Danforth Ave and Glebemount Rd, directly across from East Lynn Park in East York, Toronto. This approximately 1,800 sq. ft. dine-in and sit-down restaurant features a full basement with a spacious prep kitchen, plus a conveniently located walk-in cooler and freezer behind the kitchen for efficient operations. The restaurant offers a transferable LLBO licence for 73 interior seats and 8 patio seats, making it ideal for both intimate dinners and larger gatherings. Current rent is approximately $8,100/month, inclusive of TMI, gas, water, and HST, with reported monthly sales of approximately $25,000. Currently operating as Bhojan Ghar, the restaurant showcases a unique combination of authentic Indian flavours and Nepalese culinary artistry, offering a welcoming atmosphere for family celebrations, dinners, and gatherings with friends. A great opportunity for an experienced restaurateur or entrepreneur looking for a well-equipped restaurant in a vibrant and highly visible Danforth location.

Sold data

Other homes in Toronto (Danforth) — recent sold market

Other homes in Toronto (Danforth) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $75,000.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$75,000
Sale-to-list ratio
91.8%
Sold above asking
11%

Based on 37 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 1870 DANFORTH AVENUE