$1,699,000 Sale

Listed 19 hours ago

471 DANFORTH AVENUE

MLS® e14154196 Residential Commercial Mix

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Beds · 0

Baths · 5.0

Parking · 0

Sqft · 2500

Est. mortgage

$6,445/mo

Key Facts

Key facts for 471 DANFORTH AVENUE

Property Type

Commercial

Parking

Garage: No, 0 parking

MLS #

E14154196

Size

2500 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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. ki...tchen 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. (id:10452)

Full Property Details

Interior

Washrooms

5.0

Square Footage

2500 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

5.0

Square Footage

2500 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

14 x 102 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

CR3(c2.5;r2.5)*2426) Commercial/Residential

Land Amenities

Public Transit

Acreage

14 x 102 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

CR3(c2.5;r2.5)*2426) Commercial/Residential

Land Amenities

Public Transit

Building Description

Home Type

Commercial

Subtype

Residential Commercial Mix

Water Supply

Municipal water

Home Type

Commercial

Subtype

Residential Commercial Mix

Water Supply

Municipal water

Community

North Riverdale

Area Code

Toronto (North Riverdale)

Community

North Riverdale

Area Code

Toronto (North Riverdale)

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Daniel Gilbert

Email: daniel@gilbertrealty.ca Cell: 647-350-4040