26
See all 26 photos
$1,795,000
Est. payment /mo
5 Baths
New
471 Danforth AVE Toronto E01, ON M4K 1P1
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto E01
Subdivision North Riverdale
MLS Listing ID E13584812
Annual Tax Amount $24,352
Tax Year 2025
Property Sub-Type Store W Apt/Office
Lot Depth 102.0
Lot Front 14.0
Property Description
Greektown Gem - DANFORTH & LOGAN! Exceptional mixed-use opportunity in the heart of vibrant Greektown. This high-exposure property features a turnkey main-floor restaurant space of approx. 1,200 sq. ft., currently accommodating 55 indoor seats plus a small patio. The spacious, approx. 300 sq. ft. kitchen offers excellent potential for prep, workflow, and storage. Extensively renovated in 2008, the building includes updated plumbing, electrical, and gas systems throughout. The main level was rebuilt to the foundation with a new concrete subfloor and tile finish, creating a solid, modern commercial space ready for continued success. Both the main and lower levels benefit from upgraded infrastructure. Before being leased, the owner successfully operated a well-loved Thai restaurant from this location for nearly 20 years, highlighting the strength, visibility, and long-term potential of this established address. The lower level offers approximately 600 sq. ft. with high ceilings and five bathrooms, providing valuable additional space for staff use, customer convenience, storage, or future reconfiguration. Above the commercial unit is a bright and spacious, approx. 800 sq. ft. two-bedroom apartment, renovated in 2023 and currently leased for $2,250/month, creating valuable supplemental income. Whether you're an investor seeking a mixed-use property with revenue potential or an end user looking to operate your own business while benefiting from residential income above, this property offers exceptional flexibility and opportunity. Located in one of Toronto's most sought-after neighbourhoods, surrounded by strong foot traffic, transit, dining, and local amenities, this is a rare chance to secure a prime Greektown property with long-term upside. Opportunities like this don't come often you won't want to miss it.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 14.0
Lot Depth 102.0
Others
Security Features No
ParcelsYN No
Listed by KELLER WILLIAMS ADVANTAGE REALTY
GET MORE INFORMATION
NEARBY SCHOOL & BUSINESS
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown：
$0 Month
Get more info from a local expert!
Search Other Listings
- All Listings
- Sold Listings
- My Other Listings
- Our Office Listings
- Downtown Condos For Sale
- Freehold Homes For Sale
- Multifamily Homes For Sale (All GTA)
- Commercial For Sale
- Leaside Homes
- Riverdale Homes
- Rosedale and Moore Park Homes
- Yonge and St-Clair Homes
- Forest Hill South Homes
- Midtown Homes
- Annex Homes
- The Beaches Homes
- Trinity-Bellwoods Homes
- Little Italy and Palmerston Homes
- High Park Homes
- Etobicoke and Mimico Homes
- Suggest A Neighbourhood Not Listed Here