471 Danforth Avenue Toronto, Ontario M4K 1P1
$1,899,000
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:50886)
Property Details
| MLS® Number | E12461894 |
| Property Type | Retail |
| Community Name | North Riverdale |
| Amenities Near By | Public Transit |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,500 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 102 Ft |
| Size Frontage | 14 Ft |
| Size Irregular | 14 X 102 Ft |
| Size Total Text | 14 X 102 Ft |
| Zoning Description | Cr3(c2.5;r2.5)*2426) |
Contact Us
Contact us for more information
Sumita Dhillon
Broker
(416) 465-4545
sdhillon.kw.com/agent/sumita-dhillon/638730
1238 Queen St East Unit B
Toronto, Ontario M4L 1C3
(416) 465-4545
(416) 465-4533
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October 18 2025 04:45:27
Toronto Regional Real Estate Board
Keller Williams Advantage Realty