$1,849,000
471 Danforth Ave
Toronto E01, ON M4K 1P1
471 Danforth Ave, Toronto E01 — Listed at $1,849,000, 5 bathroom Commercial Retail. MLS® E12835630.
Description
Greektown Gem - DANFORTH & LOGAN!! An exceptional opportunity in the heart of Greektown! This main floor restaurant (approx. 1,150 sq. ft.) currently seats 55 guests inside, plus a small patio, and features a generous approx. 300 sq. ft. kitchen with ample prep and organization space. Fully renovated in 2008, the property includes completely updated plumbing, electrical, and gas systems. The main level was stripped to the foundation, with a brand-new concrete subfloor and tile finish installed, ensuring a modern, turnkey space. Both main and lower levels boast fully updated infrastructure. The basement (approx. 545 sq. ft.) offers high ceilings and five bathrooms, providing flexibility for staff, customers, or future layout possibilities. Above, a spacious approx. 800 sq. ft. two-bedroom apartment (renovated 2023) is currently leased for $2,250/month, delivering stable rental income from day one. Located in a prime, high-exposure corner, opportunities like this in Toronto's most vibrant neighbourhoods are rare. Secure a worry-free investment with strong potential in Greektown!
Property Details
Business Details
Commercial Space & Financials
Listing Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY
MLS® #E12835630
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HouseIndex Take: 471 Danforth Avenue
This commercial retail is located in the North Riverdale neighbourhood of Toronto.
The home offers 5 bathrooms.
Additional details: lot dimensions of 14 × 102 feet.
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About Toronto Real Estate
This Commercial Retail is located in the North Riverdale community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.