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.
Address
Main - 516 Danforth Avenue
List Price
$179,000
MLS® Status
Price Change
Expiration Date
2026-03-24
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto E03
Sub-Area
Playter Estates-Danforth
Region
Toronto
Lot Size Source
MPAC
Lot Depth
90
Lot Type
Building
Lot Size Units
Feet
Lot Width
22
Parcel Number
104030222
Occupant Type
Tenant
Cross Street
Carlaw Ave & Danforth Ave
MLS® Number
E12649690
Listing Brokerage
RE/MAX PREMIER INC.
Basement
Yes
Postal Code
M4K 1P6
Posession Details
Flexible
Tax Year
2025
Site Influences
Public Transit, Subways
Community Features
Public Transit, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Street