1282 Danforth Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $239,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 3 Bathrooms
- Premium 17.62 x 100.15 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Morgans on the Danforth is a longstanding and highly successful restaurant and bar located on one of the Danforth's coolest and most vibrant blocks. The space is fully licensed for 60 seats inside plus 12 on the street patio, with the potential to expand seasonally through the CaféTOprogram. The restaurant spans 1,200 sq ft and features a full commercial kitchen equipped with a 9-ft commercial hood and a large walk-in fridge. The layout includes a solid bar and an additional seating area at the back, ideal for private parties or events. This is a turnkey opportunity available with training, or it can be converted to suit a different concept or cuisine. Lease rate is $7,256 Gross Rent including TMI with 4 + 5 years remaining. Please do not go direct or speak to staff.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Security Features
No
Community Features
Major Highway, Public Transit
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1282 Danforth Avenue, Toronto E03, ON M4J 1M6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $239,000 in Toronto, the legal minimum down payment is $11,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,115 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,115 also applies, bringing the total estimated land transfer taxes to $4,230.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Danforth, Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
