$189,000
516 Danforth Road, Toronto, ON M1K 1C7
Clairlea-Birchmount · E04
Listing courtesy of RE/MAX ACE REALTY INC.
Clairlea-Birchmount · E04 · M1L 0H2
$200,000
$188 / sq ft1 weeks on market
What similar homes in this area actually sold for.
What did similar homes nearby sell for?
Asking prices say what a seller wants. I'll send you what comparable homes in this area actually closed at, and how long they took.
Send me nearby sold pricesNo cost, no obligation.
$189,000
Clairlea-Birchmount · E04
Listing courtesy of RE/MAX ACE REALTY INC.
Exceptional turnkey restaurant opportunity in a premier commercial plaza at the prominent intersection of Eglinton Avenue East and Warden Avenue. Boasting prime centre exposure in a bustling, high-traffic retail destination, this premium location offers outstanding visibility, abundant customer traffic, and convenient access to major public transit. Surrounded by established national retailers, strong anchor tenants, and key commercial amenities, the property is strategically positioned between Highway 401 and the Don Valley Parkway, providing exceptional accessibility from across the GTA. Spanning approximately 1,064 sq. ft., the professionally designed space showcases quality leasehold improvements throughout and is fully equipped for efficient food service operations. Features include a spacious commercial kitchen with an optimized workflow, a 19-foot commercial exhaust hood, heavy-duty HVAC system, upgraded electrical service, plumbing rough-in, two washrooms (including one accessible), and thoughtfully designed custom millwork with additional storage solutions. Every detail has been carefully considered to support seamless day-to-day operations. Offered with an attractive lease of only $2,840 per month plus TMI and HST, approximately three years remaining on the current term, and valuable 5 + 5-year renewal options, this is an outstanding opportunity for restaurateurs, entrepreneurs, or investors seeking a move-in-ready establishment in one of Scarborough's most vibrant commercial corridors. An optional franchise takeover is available, providing added flexibility to either continue an established concept or introduce your own vision in this exceptional location.
Find out what this property has sold for before
If this address has traded before, I can tell you what it last sold for, when, and how the price moved along the way.
Show me this property's historyNo cost, no obligation.
What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 73% of comparable business for sale listings in Toronto are asking less.
Based on 95 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE 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.