$129,000
For sale: Other

PRIME DANFORTH AVENUE LOCATION IN THE HEART OF GREEKTOWN! Excellent opportunity approximately 1400 sq. ft. plus basement at 372 Danforth Ave, just steps from Chester Subway Station. Highly walkable and transit-connected location surrounded by restaurants, cafés, retail, fitness/wellness and established residential neighbourhoods. The premises is currently operating as La Diperie, offering an opportunity for a qualified operator to continue with the existing ice cream/dessert business or bring their own concept. Landlord is open to a change of concept, subject to landlord approval and all applicable municipal, zoning and licensing requirements. Ideal for a restaurant, café, dessert shop, takeout, specialty food business or other permitted use. Basement included in monthly rent. Water included in TMI. Separate hydro meter. One parking space available at additional cost. Excellent opportunity to establish or continue a business in one of Toronto's best-known food, dining and entertainment districts. The Danforth is also home to the annual Taste of the Danforth, a major Toronto food and cultural festival attracting a large regional audience. Continue the existing concept or bring your own vision to this prime Danforth location!
Sold data
Other homes in Toronto (Playter Estates-Danforth) took a median of 32 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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $75,000.
Homes sold for about 7.3% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
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
Toronto (Playter Estates-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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