471 DANFORTH AVENUE, Toronto (North Riverdale)

2025-10-15
 

Quick Summary

Location
471 DANFORTH AVENUE, Toronto (North Riverdale), Ontario M4K1P1
Price
$1,899,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
2500 sqft
Bathrooms:
5

MLS®#E12461894

Property Description

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! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Appliances: Dryer, Washer
  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 2500 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 14 x 102 FT

Zoning

  • Description: CR3(c2.5;r2.5)*2426)

Information entered by KELLER WILLIAMS ADVANTAGE REALTY
Listing information last updated on: 2025-10-23 19:25:17


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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