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For Sale - 471 Danforth Avenue, Toronto, Ontario

471 Danforth Avenue

Toronto , Ontario

5 $1,899,000

Est payment $9,413/mo

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Time on Jump 30 day

AI Summary *

Main floor restaurant space with seating for 55 and a small patio.
Well-equipped kitchen with ample prep and organization space.
Fully renovated infrastructure including updated plumbing, electrical, and gas.
Basement offers flexibility with high ceilings and five bathrooms.
Two-bedroom apartment above generates stable rental income from day one.

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Purchase Price

Term

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Down Payment:
$ 94,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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!

Listing IDE12680350

Address471 Danforth Avenue

CityToronto, Ontario

Price$1,899,000

Bath5 Full

StyleCommercial Retail

Land Size1428

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Commercial RetailCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
KELLER WILLIAMS ADVANTAGE REALTY

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Listing Agency:
KELLER WILLIAMS ADVANTAGE REALTY

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For Sale - 471 Danforth Avenue, Toronto, Ontario

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Market Info

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