Toronto, ON · M4K 1P1 · MLS® E13723314Updated
$249,000
397 Danforth Ave is a 2-bathroom business in Toronto, listed for $249,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Toronto business priced at $249,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: HOMELIFE/VISION REALTY INC., BrokerageMLS® E13723314 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Toronto around $249K.
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Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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397 Danforth Ave is listed at $249,000 (MLS® E13723314). Summitly updates the price as soon as the MLS® record changes.
No — 397 Danforth Ave is still listed at its original asking price of $249,000.
397 Danforth Ave has 2 bathrooms. It is a commercial property in Toronto.
The nearest rapid-transit station is Chester Station (Line 2), about 120 m (about a 2-minute walk) in a straight line. Broadview Station is about 540 m (about a 7-minute walk), and Pape Station is about 600 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $249,000 is about 70% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 397 Danforth Ave on record from the last two years. Older records aren't shown under TRREB rules.
397 Danforth Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
63 days — 397 Danforth Ave was listed on August 28, 2026.
About $4,430 at the asking price of $249,000: $2,215 Ontario land transfer tax plus $2,215 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 397 Danforth Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 397 Danforth Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
