563 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 $149,000 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Located nestled in a lively Greek town block, this charming bakery has recently been renovated with lovely decor, creating a welcoming atmosphere. It's perfectly suited for the next baker, bubble tea shop, or cozy cafe. The space is fully equipped with many helpful fixtures. Spanning 1400 sqft on the main floor and 800 sqft in the basement, plus one parking spot, it's ready to welcome new adventures. Net $5,100/ mth + TMI + HST, expired January 2030 + 5 year option
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 563 Danforth Avenue, Toronto E01, ON M4K 1P9
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 $149,000 in Toronto, the legal minimum down payment is $7,450 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 $1,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,215 also applies, bringing the total estimated land transfer taxes to $2,430.
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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.
