Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

471 Danforth Avenue, Toronto, ON M4K 1P1

Sale Of Business
$99,000

This is a well-established Indian restaurant located on the vibrant Danforth. It offers approximately 1200 square feet of space plus a basement, with a transferable LLBO license for 50 seats indoors and 5 on the patio. The fully equipped kitchen features a 16-foot exhaust hood and a walk-in cooler, making it versatile for any type of cuisine.

MLS number
E13699402
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
M4K 1P1
Photos
9
22days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Frankland Community School
Elementary · Regular Track
TDSB boundary
Earl Grey Senior Public School
Intermediate · Regular Track
TDSB boundary
Riverdale Collegiate Institute8.6 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Frankland Community School Junior
Toronto DSB
Elementary69 m8.7 / 10
87% met the standard
Holy Name Catholic School
Toronto CDSB
Elementary246 m8.1 / 10
81% met the standard
Jackman Avenue Junior Public School
Toronto DSB
Elementary458 m7.9 / 10
79% met the standard
Quest Alternative School Senior
Toronto DSB
Elementary823 mNot reported
Withrow Avenue Junior Public School
Toronto DSB
Elementary823 m8.5 / 10
85% met the standard
Westwood Middle School
Toronto DSB
Elementary987 m7.0 / 10
70% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 590 people.

$135,000Median household income
84.1%Own their home
21.7%Detached houses
42.4Median age
19.7%Born outside Canada
66%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35203815 — the few blocks around this address, home to 590 people. It describes the area, not this property.

590Population
42.5Average age
2.6Household size
$242,000Average household income
$135,000Median household income
84%Own their home
16%Rent
0%Condominiums
20%Born outside Canada
66%University degree
$1,740,000Average home value
7%Low income
59%Not in the labour force
29%Never married
Under $5,0001%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9994%
$90,000 to $99,9994%
$100,000 and over40%
$100,000 to $124,9996%
$125,000 to $149,9993%
$150,000 to $199,9997%
$200,000 and over23%

Percentages are of the 350 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$19,800 · minimum here is $4,950
$438.35per month
Borrowed before insurance$79,200
Total borrowed$79,200
Interest over 25 years at 4.5%$52,305

If you rented it out

-$438.35per month out of pocket
Rent$0.00
Everything it costs to hold$438.35
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 2 still in progress.

680 DANFORTH AVE448 m
Under Review · applied October 25, 2024

Site Plan Approval for the Pape Station as part of the Ontario Line Subway

City planning file →
658-668 DANFORTH AVE418 m
Under Review · applied August 3, 2022

The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and office lobby as well as retail and commercial uses fronting onto Danforth Avenue and a portion of Pape …

City planning file →
285-297 DANFORTH AVE475 m
Closed · applied February 3, 2023

Site Plan Approval for proposed eight-storey mass timber mixed use building, which will retain elements of the existing building.…

City planning file →
20 EATON AVE492 m
Closed · applied January 23, 2023

The Ontario Line will include a station and interface with the existing TTC Pape Station. This Site Plan Review (SPR) package includes the interim modifications to the TTC Pape Station that are being undertaken in preparation for the Ontario Line site construc…

City planning file →
658-668 DANFORTH AVE418 m
Appeal Received · applied August 3, 2022

The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and office lobby as well as retail and commercial uses fronting onto Danforth Avenue and a portion of Pape …

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX EXCEL REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.