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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 680 daysPrice drop · $50,000 off (-16.7%)

    1282 Danforth Avenue

    Danforth·Toronto, ON·M4J 1M6·Near Danforth/Greenwood

      0
    • Sale Of Business
    Toronto real estate›E9249818
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Well established restaurant/bar located on the danforth. The name has been operating on the Danforth for 10 years with a proven sales record. Huge potential for investor or owner operation. Approx 1500sft plus full basement and washrooms on the main floor. Llbo for 57 seat interiors and 12 on the patio. Excellent bia and neighborhood who support the locals. Rent $8,230.60/mth inclusive of TMI & HST expired April 2034. Over $200K in net operating Income in 2022 and 2023.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Well established restaurant/bar located on the danforth.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026Price reducedCurrentReduced$249,000−$50,000 (16.7%)E9249818This page
    Jun 12, 2026Previously listedSc$239,000 —E13437426View
    Apr 9, 2026Previously listedTer$239,000 —E12977362View
    Nov 11, 2025Previously listedTer$239,000 —E12532238View
    Mar 5, 2025Previously listedTer$189,000 —E12001816View
    Jan 13, 2025Previously listedTer$199,000 —E11921072View
    Nov 4, 2024Previously listedTer$229,000 —E10406635View
    Aug 8, 2024ListedCurrentFor sale$299,000 —E9249818This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 1282 Danforth Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,223
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $137
    0.66% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,096,260
      Last 30 days
    • Median sold price
      $862,831
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,766
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 1282 Danforth Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1282 Danforth Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 1282 Danforth Avenue listed for?

      1282 Danforth Avenue is listed at $249,000 on the MLS® (listing E9249818). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 1282 Danforth Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

    Asking
    $249,000
    MLS® E9249818
    Chat Zara
    1282 Danforth Avenue — photo 3
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,096,260
    $1,008,559Confidence range$1,183,961
    Asking vs estimate
    ↓below
    −$847,260
    (-77.3%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 680 days.

    Avg sold price
    $1,096,260
    Median sold
    $862,831
    Avg days on market
    28
    Recently sold
    6766
    See comparable sales
    The name has been operating on the Danforth for 10 years with a proven sales record.
  2. Approx 1500sft plus full basement and washrooms on the main floor.
  3. Llbo for 57 seat interiors and 12 on the patio.
  4. Ask Zara a follow-up

    Parking & garage

    1
    Garage
    None
  5. Lot & land

    1
    Zoning
    commercial
  6. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Without Property
    Property class
    Sale Of Business
  7. Combined estimate
    $1,360
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,223
    /mo
    based on the purchase price of $249,000
    $49,800 cash
    $199,200 financed
    $167,779 total interest
    Monthly payment$1,223/ month
    Principal54%$199,200
    Interest46%$167,779

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    More sale of businesss in Toronto

    Active listings within ±20% of this asking price.

    • 4853 Leslie Street
      $229,000
      4853 Leslie Street
      Sale Of Business
    • 2900 Warden Avenue
      $249,000
      2900 Warden Avenue
      Sale Of Business
    • 3277 Dufferin Street
      $240,000
      3277 Dufferin Street
      Sale Of Business
    • 3254 Lawrence Avenue
      $288,000
      3254 Lawrence Avenue
      Sale Of Business 3
    • 226 Vaughan Road
      $225,000
      226 Vaughan Road
      Sale Of Business
    • 1282 Danforth Avenue
      $239,000
      1282 Danforth Avenue
      Sale Of Business 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of RE/MAX EXCEL REALTY LTD. · displayed on Summitly per MLS® data-share rules

    1282 Danforth Avenue is a sale of business at Toronto, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 1282 Danforth Avenue built?

    The year built for 1282 Danforth Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  13. What is the property tax for 1282 Danforth Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 1282 Danforth Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 1282 Danforth Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $249,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 1282 Danforth Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 1282 Danforth Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 1282 Danforth Avenue in?

    1282 Danforth Avenue is in Danforth, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  17. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.