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471 DANFORTH AVENUE, Toronto (North Riverdale)
2026-06-10
Quick Summary
- Location
- 471 DANFORTH AVENUE, Toronto (North Riverdale), Ontario M4K1P1
- Price
- $1,795,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 2500 sqft
- Bathrooms:
- 5
MLS®#E13421166
Property 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. 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. (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
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 14 x 102 FT
Zoning
- Description: CR3(c2.5;r2.5)*2426) Commercial/Residential
Information entered by KELLER WILLIAMS ADVANTAGE REALTY
Listing information last updated on: 2026-06-09 18:08:46
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How much could you save in commission selling with One Percent Realty?
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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
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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