471 DANFORTH AVENUE, Toronto (North Riverdale), Ontario, M4K1P1

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:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 5
• Living Area: 2,500 sq ft (232.3 m²)
• Frontage: 14 ft (4.3 m)

Costs

• Annual Taxes: $24,352.32

Listing Provided by: KELLER WILLIAMS ADVANTAGE REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.