NewFor Sale

471 Danforth Avenue
Toronto E01, Toronto, ON, M4K 1P1

Commercial Retail
TRREB
MLS® Number: E12835630
$1,849,000List Price
Commercial RetailProperty Type
2,500 sq ftSize
$24,352.32 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 471 Danforth Avenue, Toronto E01, ON M4K 1P1

0 Transactions by CPRB Agents

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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!

Features

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Amenities

No amenities available

Summary

Tax (Annual):$24,352.32 / 2025
Listing #:E12835630
Property Type:Commercial Retail
Size:2,500 sq ft
Land Size:14 x 102
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:KELLER WILLIAMS ADVANTAGE REALTY

Rooms

Details

Property

Property Type:Commercial Retail
Community:North Riverdale
Municipality:Toronto

Building

Size:2,500 sq ft

Inside

Bedrooms:0
Bathrooms:5
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Danforth and Logan

$1,849,000

List price

471 Danforth Avenue, Toronto E01 – Commercial Retail for sale · MLS® # E12835630