Home6
Sell
Buy
Rent
Map
NeighbourhoodsBuildingsSaved
Log in
Home6

Toronto's real estate intelligence platform — explore neighbourhoods, condo buildings, listings, and market insights to make smarter buying and renting decisions.

Buy

  • Condos
  • Houses
  • Townhomes
  • Pet-friendly
  • Map search

Rent

  • Condos
  • Houses
  • Pet-friendly
  • All rentals
  • Map search

Explore

  • Neighbourhoods
  • Buildings & condos
  • Toronto map
  • Home value estimate
  • Saved listings

Sell

Own a home in Toronto? Start with an address and see what it could sell for.

See home value

Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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 The Canadian Real Estate Association (CREA)

Listing information is deemed reliable but is not guaranteed accurate by PropTx. 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.

Terms of UseVOW Registrant AgreementPrivacy PolicyDisclaimersAccessibility StatementAgency & Brokerage DisclosureCopyright & Trademark Notices

© 2026 HomeSix Realty Inc. All rights reserved.

516 Danforth Avenue #Main Toronto E03
For SalePrice DropPlayter Estates-Danforth

516 Danforth Avenue #Main Toronto E03, Sale Of Business for Sale

MLS® E12649690

Playter Estates-Danforth, Toronto, ON

318 days on market
$179,000
Previously $275,000
Show on Map
Show on Map
N/ABeds
N/ABaths
N/ASqft
N/AParking
Sale Of Business

Overview· 516 Danforth Avenue #Main Toronto

MLS® #E12649690

An Exceptional Opportunity To Own A Well-Established Restaurant In The Heart Of Greektown on the Danforth, Located Directly On Danforth Avenue And Positioned Right In The Middle Of The World-Famous Taste of the Danforth Route, Delivering Outstanding Seasonal Foot Traffic And Exposure; Just Steps To Pape Station And Chester Station, And Surrounded By Dense, Affluent Residential Neighbourhoods Including Playter Estates And North Riverdale, This Proven Restaurant Corridor Offers Strong Daily Traffic, Excellent Transit Access, And Year-Round Dining Demand; The Restaurant Features A Liquor Licence, Seating For 60+ Indoors, A 20-Seat Patio Plus A Seasonal 16-Seat Summer Patio, A Fully Equipped 14-Ft Commercial Hood, A 5-Ft Pizza Oven, A Walk-In Cooler, And A Spacious, Efficient Kitchen, With All Equipment In Good Condition And Included, Making It Ready To Operate As-Is Or Easily Rebranded For Any Cuisine Or Concept; A Long-Term Lease Is In Place Until July 2032 With A 5-Year Option To Renew-A Rare Chance To Secure A Turnkey Restaurant In One Of Toronto's Most Sought-After Dining Locations.

Inclusions

All Chattel And Equipment Are Included.

Broker

RE/MAX PREMIER INC.

Neighbourhood

Playter Estates-Danforth

Walk 95Avg $1.93MArea guide

Own a home here? See what it could sell for.

Use this listing address as a starting point for a Home6 seller valuation.

See home value
Walk Score®Loading Walk Score...Loading Walk Score...
Transit Score®Loading Transit Score...Loading Transit Score...
Bike Score®Loading Bike Score...Loading Bike Score...
Schools8823 schools within 1.5 km · nearest 138 m23 schools within 1.5 km · nearest 138 m
Parks8510 parks within 1 km · nearest 63 m10 parks within 1 km · nearest 63 m
Convenience9642 groceries, cafes and pharmacies within 1 km · nearest 50 m42 groceries, cafes and pharmacies within 1 km · nearest 50 m
Safety6Safer than 6% of Toronto neighbourhoods (2025)Playter Estates-Danforth: 2,848 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 516 Danforth Avenue #Main Toronto

Source: MLS® listing data
516 Danforth Avenue #Main Toronto

Sale Of Business

516 Danforth Avenue #Main Toronto

Playter Estates-Danforth

Type

Sale Of Business

Parking

Street

Property Tax

~$0/yr

Heating

Gas Forced Air Open

Buying Essentials

Parking

Street

Finances

List Price

$179,000

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Playter Estates-Danforth

Listed On

Dec 24, 2025

Public Transit

Subways

Price & Listing History

Days on Market

Current: 318 days

0306090120+

Rooms

Room information is not available for this listing.

Explore Playter Estates-Danforth

Learn about the area and demographics around this address.

Loading map…

Nearby Schools

Sort by: DistanceAll

Schools closest to 516 Danforth Avenue #Main Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

Similar Listings

Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.

Recent Comparable Sales

Recent sold or leased properties are shown separately from active alternatives.

Nearby Listings

Close to 516 Danforth Avenue #Main Toronto.

Loading map…

Mortgage Calculator

Mortgage Summary

Mortgage Payment$720/mo
Total Monthly$720

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0