$275,000
Available - For Sale
Listing ID: E12649690
516 Danforth Avenue , Toronto, M4K 1P6, Toronto
| An Exceptional Opportunity To Own A Well-Established Restaurant In The Heart Of Greektown on the Danforth, Located Directly On Danforth Avenue And Positioned Right In The Middle Of The World-Famous Taste of the Danforth Route, Delivering Outstanding Seasonal Foot Traffic And Exposure; Just Steps To Pape Station And Chester Station, And Surrounded By Dense, Affluent Residential Neighbourhoods Including Playter Estates And North Riverdale, This Proven Restaurant Corridor Offers Strong Daily Traffic, Excellent Transit Access, And Year-Round Dining Demand; The Restaurant Features A Liquor Licence, Seating For 60+ Indoors, A 20-Seat Patio Plus A Seasonal 16-Seat Summer Patio, A Fully Equipped 14-Ft Commercial Hood, A 5-Ft Pizza Oven, A Walk-In Cooler, And A Spacious, Efficient Kitchen, With All Equipment In Good Condition And Included, Making It Ready To Operate As-Is Or Easily Rebranded For Any Cuisine Or Concept; A Long-Term Lease Is In Place Until July 2032 With A 5-Year Option To Renew-A Rare Chance To Secure A Turnkey Restaurant In One Of Toronto's Most Sought-After Dining Locations. |
| Price | $275,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 516 Danforth Avenue , Toronto, M4K 1P6, Toronto |
| Postal Code: | M4K 1P6 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Carlaw Ave & Danforth Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Subways |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 11:30am |
| Employees #: | 4 |
| Seats: | 60 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX PREMIER INC. |
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Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E03 |
| Neighbourhood: | Playter Estates-Danforth |
| Fireplace: | N |
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