1524 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 $429,000 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 2 Bathrooms
- Premium 20.33 x 110 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
For over 15 years, this beloved neighbourhood sushi restaurant has been a cornerstone of the Danforth dining scene, cherished by a loyal community of regulars who keep coming back time and time again. Now available as a complete turnkey operation, this 50 seat, fully equipped restaurant comes with a valid LLBO licence and a thriving, established business. The owner genuinely cares about the next chapter and is offering hands on training to ensure a seamless and successful transition. Additionally, the head chef is willing to stay on until the new operator is fully settled. Whether you are an experienced restaurateur or a passionate first-time operator, this is the foundation you have been looking for. Step in, carry on the legacy, and make it your own.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1524 Danforth Avenue, Toronto E03, ON M4J 1N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $429,000 in Toronto, the legal minimum down payment is $21,450 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 $5,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,055 also applies, bringing the total estimated land transfer taxes to $10,110.
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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.
