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Commercial RetailMLS® E12835630
471 Danforth Avenue
North Riverdale, Toronto E01, ON M4K 1P1
$1,849,000
5 Bath
72 days
About This Property
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!
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