$189,000
( $157.50Per Sq Foot )
 $1,015 est/mo Sourced by Back At You

516 Danforth Road,Toronto E04, ON M1K 1C7

Toronto E04, ON M1K 1C7

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Description

Exceptional turnkey restaurant opportunity in the heart of Scarborough! Situated in a high-visibility location surrounded by established businesses and mature residential communities, this is approximately 850 sq. ft. restaurant is fully equipped and ready for immediate operation. Features include 30 indoor seats, a 30-seat outdoor patio, front and rear parking, plus additional street parking at the rear. Attractive lease terms offer low rent of approximately $4,400 per month, including TMI, with four years remaining under sublease and a renewal option. A liquor licence is also available. All chattels are excluded from the listing price. The landlord requires separate security and chattel deposits, which are negotiable. Offer acceptable under landlord consent.

Details

MLS #E13630772
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site23
Listing Provided ByRE/MAX ACE REALTY INC. | E13630772 244200

Features

SQ Feet1,200
Acreage0.03

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingYes
Rooms Total0

Exterior

Community FeaturesPublic Transit
Security FeaturesYes

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount0
Tax TypeTMI
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto E04
Postal CodeM1K 1C7
AreaClairlea Birchmount
Listing VS Median (in M1K 1C7)
Price:
$189,000
low | high
Med:
$189,000
50% of Average
sqft:
1,200
low | high
Med:
1,200
50% of Average
$ / sqft:
$158
low | high
Med:
$158
50% of Average
On site:
23
low | high
Med:
23
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

Priya Ramnarine

Priya Ramnarine

Coldwell Banker The Real Estate Centre

 (647) 272-7279priya.ramnarine@wearetrec.com
ProvinceON
CountyToronto
CityToronto E04
Postal CodeM1K 1C7
AreaClairlea Birchmount
Listing VS Median (in M1K 1C7)
Price:
$189,000
low | high
Med:
$189,000
50% of Average
sqft:
1,200
low | high
Med:
1,200
50% of Average
$ / sqft:
$158
low | high
Med:
$158
50% of Average
On site:
23
low | high
Med:
23
100% of Average
Sourced by Back At You
Listing Updated: August 6, 2026 at 1:15:50 PM PDT

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Priya Ramnarine

3485B Kingston Road
Toronto, Ontario M1M 1R4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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