For Sale

654 Danforth Avenue, Toronto E03, Ontario M4J 1L1

$299,000

654 Danforth Avenue, Toronto E03, Ontario M4J 1L1 is For Sale and has a listing price of 299,000. The property is located in the The Danforth neighbourhood . It's been on the website for 5 Days.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: E12310779
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

A&W franchise available in the heart of Greektown, located right at the corner of Pape and Danforth-just steps from the subway station. This high-traffic location is surrounded by schools, businesses, and constant pedestrian flow, making it ideal for both dine-in and takeout operations. The restaurant is 1,450 sq ft with seating for 22, and operates with very established sales that support solid income for a hands-on owner. With a gross lease of only $5,864 (including TMI) and term remaining, this is a rare opportunity in a prime Toronto neighbourhood. Franchise royalties are 3.5% + 3.5%. Excellent potential for either an owner-operator or remote management. Please do not go direct or speak to staff.

Property Details
  • MLS ID: E12310779
  • Bathrooms: 2
  • Price: $299,000
  • Lot Depth: 100
  • Transaction Types: For Sale
  • Ref ID: E12310779
  • Year Built: N/A
  • Dir / Cross St: Pape and Danforth
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/28/2025 E12310779 $299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
The Danforth
  • $1,531,908 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 7.8 % Below
  • Sold (12mo) 38
  • Rented (12mo) 45

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: N/A
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Tbd
  • Listing Entry Date: 28/07/2025 15:35:33
Want to see this property?