471 Danforth Avenue
North Riverdale / Toronto E01, ON M4K 1P1
About This Property
Exceptional opportunity to own a well-established and highly profitable restaurant in one of Toronto's most vibrant and sought-after food destinations - the bustling Danforth & Logan area in North Riverdale. Situated in a high foot-traffic location surrounded by dense residential communities and close to the Don Valley, this turnkey operation is currently licensed for 52 indoor seats with potential to upgrade the LLBO license to include 5 additional patio seats.This fully equipped establishment features a 16-ft exhaust hood, walk-in cooler, full commercial kitchen, bar area, and ample storage space. The layout allows flexibility for conversion to any cuisine concept, including Indian, Hakka, Nepali, or other dining formats.Operating 6 days a week with strong community presence and excellent online reviews, this asset sale presents tremendous growth potential for an owner-operator or investor. Current lease term of 4+5 years at $4,900/month + TMI. A true turnkey opportunity to step in and start earning from day one.Please do not go direct or speak to staff. Offers welcome.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12827156
Listed by GET HOME REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$651
/month · $106,666 mortgage
Amortization
Total Interest
$88,658
Total Cost
$195,324
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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GET HOME REALTY INC.