397 Danforth Avenue

North Riverdale, Toronto, M4K 1P1

$249,000

Photo 1 of 3Photo 2 of 3Photo 3 of 3
  • 2 bathrooms

Listed 53 days ago · MLS® E13723314

About this home

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.

Details

Type
Sale Of Business
Age
51-99 years
Lot
15.66 × 102 ft
Garage
None
Neighbourhood
North Riverdale
Municipality
Toronto E01

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Yes

Building and exterior

Age
51-99 years

More

Possession
TBA
Cross street
Danforth / Chester
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Chester Subway2 min walk
  • 🚇 Broadview Subway8 min walk
  • 🚆 Danforth GO4.3 km

Within a 10-minute walk: 10 grocery stores, 101 cafés and restaurants, 13 parks, 10 pharmacies. Nearest grocery: The Big Carrot (100 m). Nearest park: Logan Avenue Parkette (200 m).

Schools nearby

Elementary

  • Frankland Community School
    EQAO: Gr 6 reading 97%, math 52%
    1 min walk
  • Holy Name Catholic School Catholic
    EQAO: Gr 6 reading 91%, math 69%
    6 min walk
  • Jackman Avenue Junior Public School
    EQAO: Gr 6 reading 90%, math 55%
    6 min walk
  • Withrow Avenue Junior Public School
    EQAO: Gr 6 reading 94%, math 62%
    12 min walk

Secondary

  • CALC Secondary School11 min walk
  • Quest Alternative Senior School12 min walk
  • Earl Grey Senior Public School14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4K

Owners / renters
45% / 55%
Median household income
$84,000
Average age
43
Children under 15
14%
Homes
16% detached, 35% high-rise
Commute by transit
31%
Population
30,913

Languages spoken most at home besides English: Greek 3%, Yue (Cantonese) 1.8%, Spanish 1%, Serbian 0.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in North Riverdale (2025): about the Toronto average, up 18% from the year before.

  • Assaultabout average
  • Break and enter55% above average
  • Auto theft53% below average
  • Robberyabout average
  • Theft from vehicles28% above average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

  • 60 BOWDEN ST · 200 m
    Site Plan · Closed · applied 2023
    Site Plan Approval for proposed eight-storey mass timber mixed use building, which will retain elements of the existing building. The proposal will consist a…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Coming transit

  • 🚧 Pape 650 m
  • 🚧 Gerrard 1.3 km
  • 🚧 Cosburn 1.4 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

3 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

46 City street trees within 100 m, mostly elms. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE/VISION REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Toronto