Properties & Houses for Sale in Leslieville, Toronto MLS® Listings

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471 Danforth Avenue
North Riverdale Toronto M4K 1P1

$1,899,000 /For Sale
Commercial

Main Photo: 471 Danforth Avenue in Toronto: North Riverdale Commercial for sale (Toronto E01)  : MLS®# E12461894
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12461894
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 $2,200/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!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
2500 sq. ft. Square Feet
Total Area:
2,500 sq. ft.
Retail Area:
1150 sq. ft. Sq Ft
Office/Apt Area:
800 sq. ft. Sq Ft
Lot Depth:
102'
Lot Frontage:
14'
Bathrooms:
5.0
Water supply:
Municipal
Zoning:
CR3(c2.5;r2.5)*2426)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$24,352.32 / 2025
Assessment:
$- / -
Toronto
Toronto E01
North Riverdale
Public Transit, Subways
No
Hot Water Tank
Heat Ventilation Air Conditioner. 16 ft. exhaust hood. Apartment Appliances: Stove, fridge, washer, and dryer included. Upgraded Venting: Enhanced ventilation in the dining area is perfect for Korean BBQ or any concept requiring specialized dining venting.
Amperage:
200
Volts:
600
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Oct 15, 2025
  • Photo 1: 471 Danforth Avenue in Toronto: North Riverdale Commercial for sale (Toronto E01)  : MLS®# E12461894
    Photo 1 of 1
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated October 15, 2025 at 08:15 PM (UTC)
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