1448 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 $99,000 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 public garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey opportunity to acquire El Sol Restaurant, a vibrant and fully equipped restaurant venue located in one of Toronto's most sought after dining corridors on the Danforth. This impressive 3,000 sq. ft. space offers excellent visibility, strong pedestrian traffic, and a proven layout ideal for a wide range of restaurant concepts. The premises features a liquor license for 70 guests, with seating for 65 indoors and 5 on the patio. A standout feature is the roll-up garage door, creating a seamless indoor-outdoor flow and an open, patio style atmosphere that is highly attractive to customers, especially during peak seasons. The spacious layout provides ample room to accommodate live music and dancing, offering flexibility for operators looking to create an energetic and experiential dining environment. The restaurant is fully equipped with a commercial kitchen, including a walk-in fridge, and offers extensive storage with a full basement. The lease is highly attractive at $7,300 per month, inclusive of TMI and HST, which is rare for a space of this size and location along the Danforth. Ideal for experienced operators or new concepts looking to establish themselves in a high-demand, high-traffic area with strong neighbourhood appeal.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1448 Danforth Avenue, Toronto E03, ON M4J 1N4
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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 $99,000 in Toronto, the legal minimum down payment is $4,950 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 $715 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $715 also applies, bringing the total estimated land transfer taxes to $1,430.
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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.
