563 Danforth Avenue, Toronto | Image 1

563 Danforth Avenue

Toronto, North Riverdale

  • Commercial

$149,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Cafe

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: E9397611

  • Days on Site: 7 Days

  • Added: Oct 16, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: HOMELIFE/BAYVIEW REALTY INC.

Recently renovated trendy bakery-cafe located on busy Danforth Ave. Surrounded by high-end boutiques and million dollar homes. Shop serves best coffees, lattes, cappuccinos, cold drinks, fresh baked cookies, pies, pastries, butter tarts, etc. Fully-equipped coffee and bake shop - could be converted to any type of cuisine. Don't miss this amazing opportunity to be your own boss. Lots of potential to grow sales - absentee owner. Sales to increase with more owner involvement and if hours increased.

Extras

Sales $11,000-$12,000/Month. Short hours: 8am-5pm, 7 days/week. Lease 4.5 years + 5 years option to renew. Rent $7881/month includes tmi and hst

Property

  • Status: Sale

  • Type: Cafe

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: North Riverdale

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Pape/Danforth

  • Municipality District: Toronto E01

  • Zoning: Commercial

Additional Media

  • Virtual Tour: https://www.ivrtours.com/gallery.php?tourid=27529&unbranded=true

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1400

  • Retail Area Metric: Sq Ft

  • Total Area: 1400

  • Total Area Metric: Sq Ft

  • Hours Open: 8-5

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 10

  • Business/Building Name: Nosh Cafenio

  • Financial Statement: N

  • LLBO: N

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