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Home · Buy · Toronto E03 · 508 Danforth Avenue, Toronto, ON M4K 1P6
508 Danforth Avenue, Toronto, ON M4K 1P6
508 Danforth Avenue, Toronto, ON M4K 1P6
508 Danforth Avenue, Toronto, ON M4K 1P6
508 Danforth Avenue, Toronto, ON M4K 1P6
508 Danforth Avenue, Toronto, ON M4K 1P6+ 12 photos
For Sale · Sale Of Business

508 Danforth Avenue, Toronto, ON M4K 1P6

Toronto E03 · Playter Estates-Danforth
◷103 days on market
▾ PRICE CHANGE
Street garage
—
Beds
—
Baths
—
Parking
—
Sq ft
—
Built

About this home

  • Restaurant space in Danforth/Logan area with 28 interior seats and 10-seat front patio
  • Roll-up front door with street-facing visibility
  • Full basement for storage
  • LLBO licensed
  • High pedestrian traffic location

Key points summarised from the listing description.

Property details

Listed on
June 4, 2026
Days on market
103 days
Property tax
$0 (2026)
Lot
16 × 90 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
E13240036

Full details

Parking
GarageStreet

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
September 2, 2026—$49,000 ▼Price cutE13240036
June 4, 2026—$99,000 ListedE13240036
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$245
Toronto municipal LTT$245
Legal · title · inspection$2,800
Closing costs$3,290
Down payment$9,800
Total cash to close$13,090
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$49,000
MLS® E13240036 · Listed by RE/MAX EXCEL REALTY LTD.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated September 1, 2026.

$49,000

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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.

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. 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. IDX information is for consumers' personal, non-commercial use.

Neighbourhood market

The Playter Estates-Danforth market

How homes are selling here right now — sold data for June 2026.

Seller's marketAll home types in Playter Estates-Danforth · 25 sales over 3 months
Buyer'sBalancedSeller's

Homes in Playter Estates-Danforth are selling in about 11 days, typically at 107.8% of asking. Expect competition and little room to negotiate.

Median sold · Playter Estates-Danforth
$1,560,000
▼ 20.0% year over year
Homes sold · this month
6
9 days on market avg
Sold vs asking
107.9%
over asking — seller's market
Other median · Toronto East
—
12-month trend
See the full Toronto East market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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8 sold homes nearby

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