471 Danforth Ave

Toronto, ON M4K 1P1
  • $1,899,000

    Price
  • 0

    Bed
  • 5

    Bath
  • 2,500

    SqFt

About the Listing 129000 -

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!

Listing Highlights for 471 Danforth Ave

Status Active
Days on Site 20
Property Type Commercial Sale
MLS ® E12461894
Year Built
Total Square Footage 2,500
Lot/Acreage 1428
County Toronto
Neighborhood North Riverdale

Interior Details

  • Bedrooms: 0
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Yes
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
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Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $24,352
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 210630182
  • Tax Year: 2025

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471 Danforth Ave Toronto, ON M4K 1P1

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