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    For Sale - 471 Danforth Avenue, Toronto, Ontario

    Est payment $8,351/mo
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    Views   8
    Time on Jump  14 day

    AI Summary *

    • Turnkey main-floor restaurant space with high exposure and seating for 55.
    • Extensively renovated building with updated plumbing, electrical, and gas systems.
    • Lower level features high ceilings and five bathrooms for convenience and storage.
    • Bright two-bedroom apartment above generating $2,250/month in rental income.
    • Located in desirable Greektown with strong foot traffic and local amenities.




    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 IDE13810512
    Address471 Danforth Avenue
    CityToronto, Ontario
    Price$1,739,000
    Bath5 Full
    StyleStore W Apt/Office
    Land Size1428
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: 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 $1,739,000
    Get more info