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777 Danforth Road Toronto, Ontario M4J 1L2

1100 sqft
Fully Air Conditioned Other

$1,499,000

Exceptional mixed-use investment opportunity featuring a fully operational restaurant with a commercial-grade industrial kitchen on the main floor and a spacious residential apartment above. The main floor offers approximately 1,100 sq ft of restaurant space with a full kitchen built at a cost of around $300,000, currently operating as takeout only (no dine-in). There is also a full basement used for restaurant storage, providing additional functional space. The second-floor apartment has a separate entrance and proper fire separation as per building code, ensuring tenant safety and compliance. This professionally renovated building with permits includes extremely rare on-site parking for 14 cars, a major asset in this high-traffic area where parking is hard to find. Ideal for investors seeking strong rental income and appreciation potential, or for end users looking to operate their business while living above. The building is small and easy to maintain yet offers excellent utility with its mixed-use configuration. Fire safety layers are in place between the commercial and residential units, meeting all city requirements. Highlights include a prime location with great exposure, turnkey fully equipped kitchen saving significant build-out costs, full basement storage, and a legal residential apartment for additional income. This is a unique opportunity to own a professionally upgraded, code-compliant mixed-use property with high visibility and low vacancy risk, perfect for restaurant operators, food entrepreneurs, or investors looking for a solid asset in a sought-after area. Contact us today for more details or to schedule a private showing of this rare offering. (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number E12283407
Property Type Retail
Neigbourhood Scarborough
Community Name Kennedy Park
Features Irregular Lot Size

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 1100 Sqft
SizeInterior 1100 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeFrontage 108 Ft ,4 In
SizeIrregular Bldg=108.37 Ft
SizeTotalText Bldg=108.37 Ft
ZoningDescription Rs*190), Cr0.66(c0.33;r0.33*578)

https://www.realtor.ca/real-estate/28602160/777-danforth-road-toronto-kennedy-park-kennedy-park

Usman Ali
Broker


RE/MAX Ace Realty Inc.
1286 Kennedy Road Unit 3
Toronto, Ontario M1P 2L5

Rajeswara Rao Veerella
Salesperson


RE/MAX Ace Realty Inc.
1286 Kennedy Road Unit 3
Toronto, Ontario M1P 2L5

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