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$1,899,000
Available - For Sale
Listing ID: E12461894
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!
Price $1,899,000
Taxes: $24,352.32
Tax Type: Annual
Occupancy by: Tenant
Address: 471 Danforth Avenue , Toronto, M4K 1P1, Toronto
Postal Code: M4K 1P1
Province/State: Toronto
Legal Description: PT LT 1 PL 81E TORONTO AS IN CT592396; S
Directions/Cross Streets: Danforth and Logan
No. of Pieces Level
Washroom 1 0
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Washroom 15 0
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Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
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Washroom 27 0
Washroom 28 0
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Washroom 31 0
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Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Multi-Use
Building Percentage: T
Total Area: 2,500
Total Area Code:  Square Feet
Office/Appartment Area: 800
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ADVANTAGE REALTY

471 Danforth Avenue , Toronto, M4K 1P1, Toronto


 
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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E01
Neighbourhood: North Riverdale
Style:
Lot Size: x 102.00(Feet)
Approximate Age:
Tax: $24,352.32
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
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