For Sale
508 Danforth Avenue
Playter Estates-Danforth, Toronto, ON
$49,000
0Bd
0Ba
—sqft
16 x 90 ftlot
CommercialMLS# E13240036Listed 2026-06-0489 DOM
On the market for 89 days — longer than average. The seller may be open to negotiation.
About this home
Turnkey restaurant business in prime Danforth/Logan location. Bright, well-maintained space with 28 interior seats plus 10-seat front patio. Roll-up front door provides excellent street presence and indoor/outdoor flow. Includes full basement for storage and 1 parking space. LLBO licensed. High pedestrian traffic and strong neighbourhood demographics. Suitable for a wide range of cuisines or concepts. Great opportunity for owner-operators or brands seeking a proven, high-visibility location.
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield61.2% – 195.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market89 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
77
/ 100
Walk Score
Very Walkable
65
/ 100
Transit Score
Good Transit
75
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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