Homula Realty Brokerage
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1272 Danforth Avenue, Toronto, ON M4J 1M6

Sale Of Business
$100,000

LOW RENT RESTAURANT OPPORTUNITY ON DANFORTH! Excellent opportunity to own a fully equipped, turn-key restaurant at 1272 Danforth Ave in a busy and established Toronto dining corridor. Attractive lease with Base Rent of only $ $3800/month + TMI of $925/month. The premises feature a well-designed dining area, commercial kitchen with hood, stainless-steel equipment, prep/service counters, walk-in cooler, storage space and basement area. Located directly on Danforth Avenue, surrounded by restaurants, cafés, bars and neighbourhood businesses, including popular establishments within steps of the property. The Danforth is a vibrant mixed residential and commercial corridor known for its strong restaurant culture, pedestrian activity and diverse customer base. Excellent TTC accessibility with Line 2 Bloor-Danforth subway service nearby, providing convenient east-west access across Toronto. Great opportunity for an owner-operator looking for an established restaurant location with exceptionally affordable rent for the Danforth. Suitable for a variety of food concepts, subject to landlord approval and applicable licensing. Do not go direct or speak with employees.

MLS number
E13777890
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
M4J 1M6
Photos
10
1days · 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

No previous listings found for this address.

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

Earl Beatty Junior and Senior Public School8.7 / 10
Elementary · Regular Track
TDSB boundary
Monarch Park Collegiate Institute7.9 / 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
École élémentaire Michelle-O'Bonsawin
CS Viamonde
Elementary144 mNot reported
École secondaire Michelle-O'Bonsawin
CS Viamonde
Secondary144 m9.0 / 10
90% met the standard · 2 of 6 measures
School of Life Experience
Toronto DSB
Secondary149 mNot reported
Greenwood Secondary School
Toronto DSB
Secondary149 m1.7 / 10
17% met the standard · 1 of 6 measures
Danforth Collegiate Institute and Technical School
Toronto DSB
Secondary297 m6.7 / 10
67% met the standard · 2 of 6 measures
St Patrick Catholic Secondary School
Toronto CDSB
Secondary444 m7.6 / 10
76% met the standard · 2 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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 763 people.

$104,000Median household income
66.1%Own their home
27.1%Detached houses
38.8Median age
26.4%Born outside Canada
50.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35200582 — the few blocks around this address, home to 763 people. It describes the area, not this property.

763Population
40.2Average age
2.6Household size
$138,000Average household income
$104,000Median household income
66%Own their home
34%Rent
0%Condominiums
26%Born outside Canada
50%University degree
$1,300,000Average home value
10%Low income
69%Not in the labour force
31%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9992%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over33%
$100,000 to $124,9995%
$125,000 to $149,9994%
$150,000 to $199,9999%
$200,000 and over15%

Percentages are of the 465 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.

$20,000 · minimum here is $5,000
$442.78per month
Borrowed before insurance$80,000
Total borrowed$80,000
Interest over 25 years at 4.5%$52,834

If you rented it out

-$442.78per month out of pocket
Rent$0.00
Everything it costs to hold$442.78
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.

1117 DANFORTH AVE478 m
NOAC Issued · applied October 1, 2024

Site Plan Amendment for a 14-storey mixed use, purpose-built rental building. The proposed development contemplates the replacement of the existing 27 rental units and addition of 81 new rental units.

City planning file →
1111 DANFORTH AVE489 m
NOAC Issued · applied March 24, 2022

Site Plan Control application to permit a 13-storey mixed-use building with 297 purpose-built residential rental units and 1,646 square metres of non-residential gross floor area.

City planning file →
1117 DANFORTH AVE478 m
Closed · applied October 8, 2024

Zoning By-law Amendment application lift the "H" Holding Symbol that applies to the subject lands to address a shared loading space.

City planning file →
1111 DANFORTH AVE489 m
Closed · applied October 7, 2024

Holding By-law Amendment application

City planning file →
1117 DANFORTH AVE478 m
Closed · applied March 1, 2024

Zoning By-law Amendment for a 14-storey mixed use, purpose-built rental building with commercial/retail use at-grade. The proposed development contemplates the replacement of the existing 27 rental units with an additional 81 new rental units (108 total units)…

City planning file →
1111 DANFORTH AVE489 m
Closed · applied February 15, 2022

Zoning By-law amendment application to facilitate the redevelopment of the site for a 13-storey mixed-use building having a non-residential gross floor area of 719.1 square metres, and a residential gross floor area of 17794.4 square metres.…

City planning file →
1177 DANFORTH AVE399 m
Closed · applied May 11, 2020

Draft Plan of Standard Condominium for a 9-storey mixed-use building with 92 residential units, 58 residential parking spaces, and 8 visitor parking spaces.

City planning file →
1177 DANFORTH AVE399 m
Closed · applied April 1, 2016

Revised Application Submitted January 31, 2019: The Applicant, 1177 Danforth Avenue Ltd., has submitted a revised site plan application to develop the site, municipally known as 1177 Danforth Avenue, with a 9 storey mixed-use residential condominium building w…

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 KING REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.