471 Danforth Avenue Toronto E01 ON M4K 1P1
$ 1,899,000
|    5   |    2500 Sq Feet

Listing ID

#E12461894

Property Type

Commercial Retail

County

Toronto

Neighborhood

North Riverdale

Days on website

73

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!
Location
Financial Information
List Price:  $ 1899000
Taxes:  $ 24352
Property Features
Air Conditioning:  Yes
Area Influences:  Public Transit, Subways
Heat Type:  Gas Forced Air Closed
Utilities:  Yes
Listed By:     KELLER WILLIAMS ADVANTAGE REALTY