471 Danforth Ave

LocationNorth Riverdale, M4K 1P1
$1.899M For Sale
Property Images
Property Images

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 $2,200/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

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 2,500 sqft
  • Commercial Office Area
    Office Area: 800 sqft
  • Commercial Retail Area
    Retail Area: 1,150 sqft
  • Commercial Parking Types
    Parking Types: None
  • Bathrooms
    Bathrooms: 5
  • Commercial Electrical Amps
    Electric Amps: 200
  • Commercial Voltage
    Electric Voltage: 600

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 24,352
  • Alcohol Allowed
    Alcohol Allowed: N
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    E12461894
  • Listing contracted with: KELLER WILLIAMS ADVANTAGE REALTY

Transit Accessibility

Chester Subway Station (0.2km)

Location