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471 Danforth Avenue
North Riverdale
Toronto
M4K 1P1
$1,849,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E12835630
- Photos (27)
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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!
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 2500 sq. ft. Square Feet
- Total Area:
- 2,500 sq. ft.232 m2
- Retail Area:
- 1150 sq. ft. Sq Ft
- Office/Apt Area:
- 800 sq. ft. Sq Ft
- Lot Depth:
- 102'31.1 m
- Lot Frontage:
- 14'4.27 m
- Bathrooms:
- 5.0
- Water supply:
- Municipal
- Zoning:
- CR3(c2.5;r2.5)*2426)
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $24,352.32 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto E01
- North Riverdale
- Public Transit, Subways
- No
- Hot Water Tank
- Heat Ventilation Air Conditioner. 16 ft. exhaust hood. Upstairs Apartment Appliances: Stove, fridge, washer, and dryer included.
- Amperage:
- 200
- Volts:
- 600
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Multi-Use
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated April 9, 2026 at 12:15 PM (UTC)
- Tanya Crepulja
- Keller Williams Real Estate Associates, Brokerage
- 647-293-3785
- tanya@tcteam.ca
- Steven Fontes
- Keller Williams Real Estate Associates, Brokerage
- 416-831-2161
- steve@tcteam.ca
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