Sale Of Business for sale at 1282 Danforth Avenue, Toronto, Ontario, M4J 1M6 - Danforth - MLS: E12977362

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1282 Danforth Avenue

Toronto, Ontario, M4J 1M6 - Danforth

$239,000

Neighbourhood

Danforth
Major Intersection

Danforth Ave & Greenwood Ave

Listed Since: 63 day(s)
Last update: 30 day(s) ago

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

3
Basement

Y
Kitchen

n/a
Total Parking

n/a
Lot Size

17.62x100.15 (Feet)
Taxes

n/a
Type

Commercial

Property Description

Property description for 1282 Danforth Avenue, Toronto

Morgans on the Danforth is a longstanding and highly successful restaurant and bar located on one of the Danforth's coolest and most vibrant blocks. The space is fully licensed for 60 seats inside plus 12 on the street patio, with the potential to expand seasonally through the CaféTOprogram. The restaurant spans 1,200 sq ft and features a full commercial kitchen equipped with a 9-ft commercial hood and a large walk-in fridge. The layout includes a solid bar and an additional seating area at the back, ideal for private parties or events. This is a turnkey opportunity available with training, or it can be converted to suit a different concept or cuisine. Lease rate is $7,256 Gross Rent including TMI with 4 + 5 years remaining. Please do not go direct or speak to staff.

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

E12977362
Sq. Ft

1200
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

MLS #

E12977362
Sq. Ft

1200
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1282 Danforth Avenue, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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