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Main 516 Danforth Avenue in Toronto: Playter Estates-Danforth Commercial for sale (Toronto E03) : MLS®# E12649690

Main 516 Danforth Avenue Toronto M4K 1P6 : Playter Estates-Danforth

Main Photo: Main 516 Danforth Avenue in Toronto: Playter Estates-Danforth Commercial for sale (Toronto E03)  : MLS®# E12649690banner
$275,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
E12649690
Status:
Active
Bus Major:
Restaurant
An Exceptional Opportunity To Own A Well-Established Restaurant In The Heart Of Greektown on the Danforth, Located Directly On Danforth Avenue And Positioned Right In The Middle Of The World-Famous Taste of the Danforth Route, Delivering Outstanding Seasonal Foot Traffic And Exposure; Just Steps To Pape Station And Chester Station, And Surrounded By Dense, Affluent Residential Neighbourhoods Including Playter Estates And North Riverdale, This Proven Restaurant Corridor Offers Strong Daily Traffic, Excellent Transit Access, And Year-Round Dining Demand; The Restaurant Features A Liquor Licence, Seating For 60+ Indoors, A 20-Seat Patio Plus A Seasonal 16-Seat Summer Patio, A Fully Equipped 14-Ft Commercial Hood, A 5-Ft Pizza Oven, A Walk-In Cooler, And A Spacious, Efficient Kitchen, With All Equipment In Good Condition And Included, Making It Ready To Operate As-Is Or Easily Rebranded For Any Cuisine Or Concept; A Long-Term Lease Is In Place Until July 2032 With A 5-Year Option To Renew-A Rare Chance To Secure A Turnkey Restaurant In One Of Toronto's Most Sought-After Dining Locations.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1820 sq. ft. Sq Ft
Lot Depth:
Switch units of measure90'
Lot Frontage:
Switch units of measure22'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Street
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / 2025
Toronto
Toronto E03
Playter Estates-Danforth
Public Transit, Subways
None
All Chattel And Equipment Are Included.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11:30am-10:30pm
Employees:
4
Chattels:
Yes
LLBO:
Yes
Seats:
60
Date Listed:
Dec 24, 2025
Original Price:
Previous Price:
Listed by RE/MAX PREMIER INC.
Data was last updated December 30, 2025 at 10:15 PM (UTC)