162 Danforth Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of North Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,900 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 0 Bathrooms
- Premium 22.09 x 100 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
One Of A Kind Completely Renovated Restaurant On The Beautiful Danforth Prime Strip. Completely Turnkey! Steps From Subway! Transferrable Liquor License. Built Out Bar On Main Floor, Immaculate Dug Down Basement With Walk In Fridge. Roughly 5 Years Left on a 5 Year Term. 500 Sqft Of Patio Licensed For 42 Seats + 8 Seat Front Patio. Inside Licensed For 59 Seats. Furnishing And High-End Kitchen Equipment Included In Sale.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 162 Danforth Avenue, Toronto E01, ON M4K 1N2
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 $149,900 in Toronto, the legal minimum down payment is $7,495 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 $1,224 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,224 also applies, bringing the total estimated land transfer taxes to $2,448.
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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.
