471 Danforth AVE new Save Request In-Person Tour Request Virtual Tour
Toronto E01,ON M4K 1P1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $759
Subdivision North Riverdale
MLS Listing ID E12461894
Annual Tax Amount $24,352
Tax Year 2025
Property Sub-Type Commercial Retail
Property 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!
Location
Province ON
County Toronto
Community North Riverdale
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit,Subways
Utilities Available Yes
Lot Frontage 14.0
Lot Depth 102.0
Others
Security Features No
ParcelsYN No