508 DANFORTH AVENUE, Toronto (Playter Estates-Danforth)

$49,000

For sale: Other

Other at 508 DANFORTH AVENUE, Toronto (Playter Estates-Danforth)
Property type
Sale Of Business
MLS®
MLS® E13240036
Neighbourhood
Playter Estates-Danforth

Turnkey restaurant business in prime Danforth/Logan location. Bright, well-maintained space with 28 interior seats plus 10-seat front patio. Roll-up front door provides excellent street presence and indoor/outdoor flow. Includes full basement for storage and 1 parking space. LLBO licensed. High pedestrian traffic and strong neighbourhood demographics. Suitable for a wide range of cuisines or concepts. Great opportunity for owner-operators or brands seeking a proven, high-visibility location.

Sold data

Other homes in Toronto (Playter Estates-Danforth) — recent sold market

Other homes in Toronto (Playter Estates-Danforth) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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 (Playter Estates-Danforth)

Toronto (Playter Estates-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 (Playter Estates-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 508 DANFORTH AVENUE