505 Danforth Avenue, Toronto | Image 1

505 Danforth Avenue

Toronto, North Riverdale

  • Commercial

$299,000
For Sale

Added 2 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: E8239188

  • Days on Site: 1 Days

  • Added: Apr 16, 2024 (2 days ago)

  • Updated:

  • Last Checked: 30 minutes ago

  • Listed By: ROYAL LEPAGE TERREQUITY REALTY

Turn-Key Restaurant for Sale - Greek Town .. Newly Renovated INDIAN CUISINE Restaurant on a busy prime AAA+ Location, Intersection of Danforth and Logan at the Heart of the Greek Town. Restaurant is like new, well kept. VERY Well Established, DAILY HEAVY FOOT TRAFFIC and high take-out volume from LOYAL ANDNEW CUSTOMERS/Tourists. Licensed for 124 Patrons inside and 12 in the Front Patio. Fully Built Out Main Floor And Basement. All Chattels And Equipment Are Included. Total Space: 1800 SqFt Remaining Lease: 4 Years with option to renew

Extras

* Full List Of Chattels Available On Request *

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: North Riverdale

  • Availability Date: Immediately

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Expenses: Est

  • Taxes Type: T.M.I.

Land

  • Cross Street: Danforth/Logan

  • Municipality District: Toronto E01

  • Sewer: Sanitary

  • Lot Depth: 105 Feet

  • Lot Frontage: 20 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Rail: N

  • Retail Area: 1800

  • Retail Area Metric: Sq Ft

  • Total Area: 1800

  • Total Area Metric: Sq Ft

  • Hours Open: 12

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 136

  • Financial Statement: N

  • LLBO: Y

Map of 505 Danforth Avenue, Toronto
7-8

Quest Alternative School Senior

Elementary: Public
0.88 km
JK-8

Holy Name Catholic School

Elementary: Catholic
0.18 km
JK-6

Frankland Community School Junior

Elementary: Public
0.15 km
7-8

Earl Grey Senior Public School

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Withrow Avenue Junior Public School

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First Nations School of Toronto

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Eastdale Collegiate Institute

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Subway Academy I

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1.00 km
9-12

CALC Secondary School

Secondary: Public
0.93 km
9-12

Danforth Collegiate Institute and Technical School

Secondary: Public
1.31 km
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