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Home · Buy · Toronto E02 · 2891 Danforth Avenue, Toronto, ON M4C 1M1
2891 Danforth Avenue, Toronto, ON M4C 1M1
2891 Danforth Avenue, Toronto, ON M4C 1M1
2891 Danforth Avenue, Toronto, ON M4C 1M1
2891 Danforth Avenue, Toronto, ON M4C 1M1
2891 Danforth Avenue, Toronto, ON M4C 1M1+ 24 photos
For Sale · Sale Of Business

2891 Danforth Avenue, Toronto, ON M4C 1M1

Toronto E02 · East End-Danforth
◷34 days on market
Other garage
—
Beds
3
Baths
—
Parking
—
Sq ft
—
Built

About this home

Rare opportunity to own a well-established, family-owned Bangladeshi/Halal restaurant in a high-traffic Danforth Avenue location. Khazana Queen offers authentic Bengali cuisine, renowned biryani specialties, a loyal customer base, and a vibrant dining atmosphere. This fully equipped, operating business is an excellent turnkey opportunity for an experienced restaurateur or entrepreneur. The restaurant features approximately 1,800 sq.ft including the main floor and lower level, with seating for approximately 65 guests, including 45 on the main floor and 20 downstairs. The current owner has invested over $100,000 in renovations and improvements. Reported monthly gross sales are approximately $40,000-$45,000, with an approximate 15% profit margin. The business currently employs 12 staff members, and the owner is willing to provide training and transition support to the new operator. The premises are fully equipped with central A/C and heating, cooling units, commercial stove, commercial hood, commercial faucet, deep fridges, coolers/freezers, commercial fans, TV, central music system, microphone, POS system, new chairs, furniture, and more. Three washrooms are available, including one full washroom. Two dedicated parking spaces are also included. Lease: Approximately $2,333/month including TMI, with approximately 1+3 years remaining and renewal likely. Tenant responsible for water, hydro, gas, and hot water rental. Strong online presence with active website, social media, and online ordering platform. Ideally located at 2891 Danforth Avenue, surrounded by a busy commercial plaza with excellent foot and vehicle traffic. A true turnkey opportunity with an established operation, loyal clientele, attractive lease, extensive equipment, and training support.

Property details

Listed on
August 12, 2026
Days on market
34 days
Property tax
$0 (2026)
Lot
19.33 × 104 Feet
Heating
Other
Cooling
Yes
MLS®
E13665130

Full details

Parking
GarageOther

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
August 12, 2026—$299,000For SaleE13665130
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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$2,960
Toronto municipal LTT$2,960
Legal · title · inspection$2,800
Closing costs$8,720
Down payment$59,800
Total cash to close$68,520
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.
$299,000
MLS® E13665130 · Listed by RIGHT AT HOME REALTY
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 RIGHT AT HOME REALTY. 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 August 12, 2026.

$299,000

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Neighbourhood market

The East End-Danforth market

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

Seller's marketAll home types in East End-Danforth · 48 sales over 3 months
Buyer'sBalancedSeller's

Homes in East End-Danforth are selling in about 20 days, typically at 105.7% of asking. Expect competition and little room to negotiate.

Median sold · East End-Danforth
$790,000
▼ 16.8% year over year
Homes sold · this month
5
45 days on market avg
Sold vs asking
99%
under asking — room to negotiate
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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