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516 Danforth Road

Clairlea-Birchmount / Toronto E04, ON M1K 1C7

ActiveFor Sale
0 Beds
0 Baths
1,200 Sq Ft
Commercial

About This Property

Exceptional turnkey restaurant opportunity in the heart of Scarborough! Situated in a high-visibility location surrounded by established businesses and mature residential communities, this is approximately 850 sq. ft. restaurant is fully equipped and ready for immediate operation. Features include 30 indoor seats, a 30-seat outdoor patio, front and rear parking, plus additional street parking at the rear. Attractive lease terms offer low rent of approximately $4,400 per month, including TMI, with four years remaining under sublease and a renewal option. A liquor licence is also available. All chattels are excluded from the listing price. The landlord requires separate security and chattel deposits, which are negotiable. Offer acceptable under landlord consent.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,200 sq ft
Bedrooms0
Bathrooms0
Postal CodeM1K 1C7
Last UpdatedSep 13, 2026 · 9:53 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® E13630772

Listed by RE/MAX ACE 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.

$189,000

asking price

MLS®E13630772
TypeCommercial
CityToronto E04
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$923

/month · $151,200 mortgage

Down Payment20% — $37,800
Interest Rate5.5%

Amortization

Total Interest

$125,674

Total Cost

$276,874

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX ACE REALTY INC.