Skip to content
1 / 3
For saleMLS® E13723314

397 Danforth Avenue, Toronto, ON M4K 1P1

North Riverdale · E01 · M4K 1P1

$249,000

2 months on market

Bathrooms
2
Lot
15.66 × 102 ft
Age
51-99 years

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Well known Resturant in the heart of Danforth. With Patio, liquor lisence and basement. 58 Seats + 12 at the patio. 5 + 5 years lease. It is a persian cuisine right now but It can be converted to any cuisine.

Property details

Property

Property type
business
Bathrooms
2
Year built
51-99
Lot size
15.66 × 102 ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Hot Water
Cooling
Yes

Costs

List price
$249,000

Listing

MLS® number
E13723314
Status
For sale
Listed
August 28, 2026
Days on market
69
Last updated
August 28, 2026
Listing brokerage
HOMELIFE/VISION REALTY INC.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 89% of comparable business for sale listings in North Riverdale are asking less.

$74KMedian $119K$208K

Based on 9 comparable active business for sale listings in North Riverdale. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $12,450
$12,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,307.93
Estimated monthly
$1,308

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$2,215
Toronto municipal
$2,215
Total due on closing
$4,430

An estimate on the asking price of $249,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/VISION REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$249,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.