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$189,000

516 Danforth Rd

Toronto E04, ON M1K 1C7

516 Danforth Rd, Toronto E04Listed at $189,000 Sale Of Business. MLS® E13630772.

Possession · seller's timeline

Flexible

850Sq Ft
Restaurant
Sale Of Business

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.

Property Details

Property TypeSale Of Business
CommunityClairlea-Birchmount
Dir/Cross StBirchmount & Danforth Rd
Garage TypePlaza
Heating TypeGas Forced Air Closed
A/CYes
HSTIncluded In
SecurityYes
Listed Date8/2/2026
Days on Market49 days
PossessionTBD

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner
Hours of Operation24
FranchiseNo
Chattels IncludedNo
Seating Capacity60
Full-Time Employees3
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires11/30/2026

Commercial Space & Financials

Retail Area850 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RE/MAX ACE REALTY INC.

MLS® #E13630772

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Clairlea-Birchmount community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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