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    For Sale - 471 Danforth Avenue, Toronto, Ontario

    Est payment $8,879/mo
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    Time on Jump  2 day

    AI Summary *

    • High-exposure mixed-use property in vibrant Greektown with strong foot traffic.
    • Turnkey main-floor restaurant space with excellent kitchen workflow and storage.
    • Extensively renovated building with updated plumbing, electrical, and gas systems.
    • Additional lower level with high ceilings, five bathrooms, and versatile uses.
    • Bright two-bedroom apartment above generates rental income of $2,250/month.




    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.
    Listing IDE13036986
    Address471 Danforth Avenue
    CityToronto, Ontario
    Price$1,849,000
    Bath5 Full
    StyleCommercial Retail
    Land Size1428
    TypeIndustrial/Commercial
    StatusFor Sale

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

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    Listing Agency:  KELLER WILLIAMS ADVANTAGE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    471 Danforth Avenue
    Toronto , Ontario
    5 $1,849,000
    Get more info