471 Danforth Ave

LocationNorth Riverdale, M4K 1P1
$149K For Sale
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Description

Exceptional opportunity to own a well-established and highly profitable restaurant in one of Toronto's most vibrant and sought-after food destinations - the bustling Danforth & Logan area in North Riverdale. Situated in a high foot-traffic location surrounded by dense residential communities and close to the Don Valley, this turnkey operation is currently licensed for 52 indoor seats with potential to upgrade the LLBO license to include 5 additional patio seats.This fully equipped establishment features a 16-ft exhaust hood, walk-in cooler, full commercial kitchen, bar area, and ample storage space. The layout allows flexibility for conversion to any cuisine concept, including Indian, Hakka, Nepali, or other dining formats.Operating 6 days a week with strong community presence and excellent online reviews, this asset sale presents tremendous growth potential for an owner-operator or investor. Current lease term of 4+5 years at $4,900/month + TMI. A true turnkey opportunity to step in and start earning from day one.Please do not go direct or speak to staff. All information to be verified by Buyer and Buyer's Agent. Offers welcome.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 1,800 sqft
  • Commercial Retail Area
    Retail Area: 1,200 sqft
  • Number of seats
    Seats: 56
  • Commercial Parking Types
    Parking Types: Other
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Business Hour
    Business Hours: 6
  • Business Opening Days
    Opening Days: Open 6 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 3
  • MLS
    E12827156
  • Listing contracted with: GET HOME REALTY INC.

Transit Accessibility

Chester Subway Station (0.2km)

Location