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Home ON Greater Toronto Area Toronto Old Toronto North Riverdale
471 DANFORTH AVENUE
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471 DANFORTH AVENUE $1,899,000
$1,899,000
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471 DANFORTH AVENUE
Toronto (North Riverdale), Ontario M4K1P1

MLS® Number: E12461894
5
Bathrooms
2500
Square Feet

Listing 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! (41451017)

Location Description

Cross Streets: Danforth and Logan. ** Directions: West of Logan (south side of Danforth).

Property Summary

Property Type
Retail
Square Footage
2500 sqft
Community Name
North Riverdale
Land Size
14 x 102 FT
Annual Property Taxes
$24,352.32
Time on REALTOR.ca
62 days

Building

Bathrooms
Total
5
Interior Features
Appliances Included
Dryer, Washer
Building Features
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
2500 sqft

Land

Lot Features
Frontage
14 ft
Land Depth
102 ft
Other Property Information
Zoning Description
CR3(c2.5;r2.5)*2426)
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SUMITA DHILLON