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588 Danforth Ave, Toronto, ON, M4K 1R1

MLS® # E9363435
new listing
Commercial For Sale In The Danforth, Toronto, Ontario
$350,000
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
588 Danforth Ave, Toronto, ON
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588 Danforth Ave, Toronto, ON, M4K 1R1
$350,000

Property Information:

Smoke's Poutinerie is Canada's premier poutine franchise with over 40 locations across Ontario and one of the most recognizable brands in the marketplace. This location is in the heart of Greektown on the Danforth and has constant foot traffic and subway stations on either side of it. South facing quick service restaurant (QSR) with a great 1,250 Sq Ft layout that is easy to staff and manage and keep your labour costs low. Full support and training by head office pending franchisee approval and royalty rates of 6% + 2%. Please do not go direct or speak to staff. Potential to add a summer patio.

Great lease rate of $7,198 Gross Rent including TMI with 4 + 5 years remaining. Newly renovated and in excellent condition with new equipment. Limited seating for 10 with great signage on Danforth. 1walk-in fridge.

Building Features:

  • Style: Business
  • Basement: Yes
  • Elevator: None
  • Garage Type: Lane
  • Parking: Yes
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 2
  • Annual Tax Amount: $0
  • Air Conditioning: Central Air
  • Area Influences: Public Transit
  • Floor Space (approx): 1250 Square Feet
  • Lot Depth: 120.2 Feet
  • Lot Frontage: 14.58 Feet
  • Occupancy: Tenant
  • Sewers: San+Storm
  • Survey: No
  • Utilities: Available
  • Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 588 Danforth Ave, Toronto, ON, M4K 1R1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 588 Danforth Ave , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 588 Danforth Ave , experiences 11 significant 2-day storms per year, with about 298mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 369.3mm of precipitation per year.

Precipitation Per Storm

Past
298mm
2050
369.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 588 Danforth Ave, Toronto, ON, M4K 1R1

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$225,839.51

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.6 %

High school certificate or equivalent

17.85 %

Apprenticeship trade certificate/diploma

1.93 %

College/non-university certificate

11.51 %

University certificate (below bachelor)

2.94 %

University Degree

53.17 %

Commuter

Travel To Work

By Car

47.02 %

By Public Transit

25.57 %

By Walking

12.64 %

By Bicycle

5.13 %

By Other Methods

9.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.45 %

Houses

58.55 %

Own Vs. Rent

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