For Sale

588 Danforth Avenue, Toronto (Playter Estates-Danforth), Ontario M4K1R1

$199,000

588 Danforth Avenue, Toronto (Playter Estates-Danforth), Ontario M4K1R1 is For Sale and has a listing price of 199,000. The property is located in the The Danforth neighbourhood. It's been on the website for 92 Days.

  • Business
    Property Type
  • 2
    Bathrooms
  • 1
    Parking Spaces
  • MLS ID: E9363435
  • Office Name ROYAL LEPAGE SIGNATURE REALTY,ROYAL LEPAGE SIGNATU
Property Description

Smoke’s Poutinerie is Canada’s premier poutine franchise with over 40 locations across Ontario and one of the most recognizable brands in the marketplace. This location is in the heart of Greektown on the Danforth and has constant foot traffic and subway stations on either side of it. South facing quick service restaurant (QSR) with a great 1,250 Sq Ft layout that is easy to staff and manage and keep your labour costs low. Full support and training by head office pending franchisee approval and royalty rates of 6% + 2%. Please do not go direct or speak to staff. Potential to add a summer patio. **** EXTRAS **** Great lease rate of $7,198 Gross Rent including TMI with 4 + 5 years remaining. Newly renovated and in excellent condition with new equipment. Limited seating for 10 with great signage on Danforth. 1walk-in fridge. (id:43137)

Property Details
  • MLS ID: E9363435
  • Bathrooms: 2
  • Price: $199,000
  • Transaction Types: For Sale
  • Ref ID: 27455190
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/20/2024 E9363435 $199,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
The Danforth
  • $1,558,618 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 7.46 % Below
  • Sold (12mo) 50
  • Rented (12mo) 45

  • 1 Month Change +86.3%
  • 3 Month Change +87.6%
  • 6 Month Change +63.9%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 95 Transit Score
    Rider's Paradise
  • 83 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    63.8%
  • Commercial
    29.97%
  • Condo
    6.23%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 1
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 20/09/2024 00:00:00
  • Zoning Y
  • Agent Name: RYAN EARL,MANNA AU
  • Last Updated: 04/12/2024 15:01:54
Open House Dates
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