467 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 $99,800 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Recently renovated restaurant situated at an active intersection on Danforth and Logan is available for sale. It's currently running as a Quick Service Restaurant (QSR) but can be conveniently converted to any other concept. The restaurant features an open kitchen equipped with an 8-10ft kitchen exhaust hood and a walk-in cooler. Additionally, there is one parking spot at the back of the building. The Liquor License for 58 seats is transferable. Please do not go direct or talk to any employees.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 467 Danforth Avenue, Toronto E01, ON M4K 1P1
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 $99,800 in Toronto, the legal minimum down payment is $4,990 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 $723 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $723 also applies, bringing the total estimated land transfer taxes to $1,446.
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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.
