$1,795,000
471 Danforth Avenue, Toronto E01, ON M4K 1P1
Toronto E01
- Bathrooms
- 5
- Square feet
- 2,500
- Type
- Store W Apt/Office
About this listing
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.
Property details
- Price per sqft
- $718
- Days on market
- 2 days
- Property taxes
- $24,352/yr (2025)
- Lot size
- 14 × 102 Feet
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Payment calculator
- Mortgage amount
- $1,436,000
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 471 Danforth Avenue, Toronto E01, ON M4K 1P1
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13421166
Listed by KELLER WILLIAMS ADVANTAGE REALTY
On market since Jun 9, 2026
Similar listings
About 471 Danforth Avenue, Toronto E01, ON M4K 1P1
How much is 471 Danforth Avenue, Toronto E01, ON M4K 1P1?
471 Danforth Avenue, Toronto E01, ON M4K 1P1 is listed for $1,795,000 CAD.
How many bedrooms and bathrooms does 471 Danforth Avenue, Toronto E01, ON M4K 1P1 have?
471 Danforth Avenue, Toronto E01, ON M4K 1P1 has 5 bathrooms.
What type of property is 471 Danforth Avenue, Toronto E01, ON M4K 1P1?
471 Danforth Avenue, Toronto E01, ON M4K 1P1 is a Store W Apt/Office, 2,500 sq ft.
What neighbourhood is 471 Danforth Avenue, Toronto E01, ON M4K 1P1 in?
471 Danforth Avenue, Toronto E01, ON M4K 1P1 is in Toronto E01, Ontario.
Is 471 Danforth Avenue, Toronto E01, ON M4K 1P1 for sale or for rent?
471 Danforth Avenue, Toronto E01, ON M4K 1P1 is currently for sale.
How do I book a showing for 471 Danforth Avenue, Toronto E01, ON M4K 1P1?
Contact Michael Mezheritsky to arrange a private showing of 471 Danforth Avenue, Toronto E01, ON M4K 1P1 (MLS# E13421166). You can also send a message through the contact form on this site.