397 Danforth Avenue, Toronto, ON M4K 1P1
North Riverdale, Toronto · Near Danforth / Chester · View map
About this home
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.
The home
- Type
- Sale of business
- Bathrooms
- 2
- Lot size
- 15.7 x 102 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Danforth / Chester
- Neighbourhood
- North Riverdale
More
- MLS® number
- E13723314
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
397 Danforth Avenue, Toronto, ON M4K 1P1
North Riverdale, Toronto · Near Danforth / Chester
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Listing history for 397 Danforth Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 397 Danforth Avenue
Answers come straight from this home’s MLS® listing.
How much is 397 Danforth Avenue listed for, and what would it cost each month?
397 Danforth Avenue is listed for $249,000. With 20% down ($49,800), the mortgage payment would be roughly $1,004 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,160 a month, all in. That figure is an illustration, not a quote.
Is 397 Danforth Avenue freehold or a condo, and is there a monthly fee?
397 Danforth Avenue is a sale of business in North Riverdale, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 397 Danforth Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 397 Danforth Avenue?
397 Danforth Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 397 Danforth Avenue, and what is the lot size?
The lot is listed as 15.7 x 102 ft.
How is 397 Danforth Avenue heated and cooled?
Heating is gas hot water. Cooling is yes.
Where is 397 Danforth Avenue?
397 Danforth Avenue is in the North Riverdale community of Toronto. The nearest main intersection is Danforth / Chester. The postal code is M4K 1P1.
Is 397 Danforth Avenue still for sale?
Yes. It is an active listing (MLS® E13723314). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 397 Danforth Avenue asking?
Similar properties for sale nearby right now include 1190 Danforth Avenue at $249,000, 1417 Danforth Avenue at $299,000 and 337 Broadview Avenue at $249,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 397 Danforth Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 397 Danforth Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near North Riverdale, picked by style, size and price.
Sale of business$249,0001190 Danforth Avenue, TorontoDanforthCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Sale of business$299,0001417 Danforth Avenue, Toronto1 bath · Greenwood-CoxwellCourtesy of: RE/MAX HALLMARK REALTY LTD.View home →
Sale of business$249,000337 Broadview Avenue, TorontoSouth RiverdaleCourtesy of: RE/MAX EXCEL REALTY LTD.View home →Courtesy of: HOMELIFE/VISION REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.