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471 DANFORTH AVENUE, Toronto, Ontario, M4K 1P1

MLS® # E13421166
Commercial For Sale In Toronto, Ontario
$1,795,000

None Beds

5 Baths

471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
471 Danforth Avenue, Toronto, ON
  • Advertising
471 DANFORTH AVENUE, Toronto, Ontario, M4K 1P1
$1,795,000

Property Information:

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:27)

Building Features:

  • Style: Retail
  • Building Type: Residential Commercial Mix
  • Air Conditioning: Yes
  • Floor Space: 2500 sqft Square Feet
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Retail
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 102 Feet
  • Lot Frontage: 14 Feet
  • Lot Size: 14 x 102 FT
  • Zoning: CR3(c2.5;r2.5)*2426) Commercial/Residential

Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY

REALTOR.ca  

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Location of 471 DANFORTH AVENUE, Toronto, Ontario, M4K 1P1

Demographic Information of 471 DANFORTH AVENUE, Toronto, Ontario, M4K 1P1

Life Stage

Midlife Families

Employment Type

White Collar

Average Household Income

$225,839.51

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.6 %

High school certificate or equivalent

17.85 %

Apprenticeship trade certificate/diploma

1.93 %

College/non-university certificate

11.51 %

University certificate (below bachelor)

2.94 %

University Degree

53.17 %

Commuter

Travel To Work

By Car

47.02 %

By Public Transit

25.57 %

By Walking

12.64 %

By Bicycle

5.13 %

By Other Methods

9.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.45 %

Houses

58.55 %

Own Vs. Rent