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$1,499,000
Available - For Sale
Listing ID: E12283407
Exceptional mixed-use investment opportunity featuring a fully operational restaurant with a commercial-grade industrial kitchen on the main floor and a spacious residential apartment above. The main floor offers approximately 1,100 sq ft of restaurant space with a full kitchen built at a cost of around $300,000, currently operating as takeout only (no dine-in). There is also a full basement used for restaurant storage, providing additional functional space. The second-floor apartment has a separate entrance and proper fire separation as per building code, ensuring tenant safety and compliance. This professionally renovated building with permits includes extremely rare on-site parking for 14 cars, a major asset in this high-traffic area where parking is hard to find. Ideal for investors seeking strong rental income and appreciation potential, or for end users looking to operate their business while living above. The building is small and easy to maintain yet offers excellent utility with its mixed-use configuration. Fire safety layers are in place between the commercial and residential units, meeting all city requirements. Highlights include a prime location with great exposure, turnkey fully equipped kitchen saving significant build-out costs, full basement storage, and a legal residential apartment for additional income. This is a unique opportunity to own a professionally upgraded, code-compliant mixed-use property with high visibility and low vacancy risk, perfect for restaurant operators, best ghost kitchen concept, food entrepreneurs, or investors looking for a solid asset in a sought-after area.
Price $1,499,000
Taxes: $8,363.38
Tax Type: Annual
Occupancy by: Owner+T
Address: 777 Danforth Road , Toronto, M4J 1L2, Toronto
Postal Code: M4J 1L2
Province/State: Toronto
Legal Description: PT LT 5, BLK N, PL 1093 , AS IN TB391252
Directions/Cross Streets: Danforth Rd / Midland Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 1,100
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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RE/MAX ACE REALTY INC.

777 Danforth Road , Toronto, M4J 1L2, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Blake-Jones
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Tax: $8,363.38
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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