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505 DANFORTH AVENUE Toronto (North Riverdale), Ontario62864391396995120
505 DANFORTH AVENUE Toronto (North Riverdale), Ontario62864391396995121
505 DANFORTH AVENUE Toronto (North Riverdale), Ontario62864391396995122
505 DANFORTH AVENUE Toronto (North Riverdale), Ontario62864391396995123
505 DANFORTH AVENUE Toronto (North Riverdale), Ontario62864391396995124
17

CA$50,000

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505 DANFORTH AVENUE Toronto (North Riverdale), Ontario

address961 Logan Ave, Toronto, ON M4K 3E6, Canada

Description

Incredible opportunity to acquire a fully built-out, vacant restaurant setup in the heart of Toronto's Danforth corridor. This asset-only sale includes not only a full range of commercial kitchen equipment but also valuable leasehold improvements offering major savings in buildout costs and time-to-launch. Licensed for 124 seats inside plus 12 on the patio, with a flexible dining layout, service bar, and garage-style glass door opening onto the street. The space has been professionally outfitted and is turnkey-ready, including a hood system, walk-in cooler, dual stock pot burner, flat-top griddle, 6-burner range, fryers, line fridges, freezers, and dishwasher all included AS IS. Ideal for ghost kitchens, dine-in restaurants, concept kitchens, or sports bar concepts. Steps from transit, surrounded by dense residential, and located on one of Toronto's busiest commercial strips. Benefit from year-round pedestrian traffic and major seasonal exposure during the Taste of the Danforth Festival. Lease runs until October 31, 2025. Current Base Rent is 6250 and TMI is 2949 per month Before taxes. Flexibility to negotiate new lease terms directly with landlord. A rare opportunity to acquire high-value infrastructure and leasehold improvements at a fraction of the cost of building new in a top-tier location. All pictures are taken when business was running. Flexible closing available. Do Not Miss This Opportunity! (id:24493) MLS® #E12233905 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Source:  kijiji View Original Post

Location

961 Logan Ave, Toronto, ON M4K 3E6, Canada
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