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$1,899,000
Ontario,Toronto (North Riverdale)
For Sale Active
471 DANFORTH AVENUE, Toronto (North Riverdale), Ontario M4K1P1
  • 5
  • 2,500 Sqft
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Basic Details
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! (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: E12461894
  • Price: $1,899,000
  • Bathrooms: 5
  • Square Footage: 2,500 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 148048
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (North Riverdale), M4K1P1
  • Street: Danforth
  • Street Number: 471
  • Street Suffix: Avenue
  • Longitude: W80° 39' 0.2''
  • Latitude: N43° 40' 39.7''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 14 x 102 FT
Financial
  • Tax Annual Amount: 24352.32
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Listing updated: 2025-10-19 09:01:32
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Listing Information
  • List Agent Key: 2071055
  • List Office Key: 148048
  • Modification Timestamp: 2025-10-18T17:00:43Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-18T16:45:27Z
Powered by REALTOR.ca
Listing updated: 2025-10-19 09:01:33

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