471 Danforth Avenue

ActiveRiverdale / Leslieville105 days on marketMLS® E13036986

$1,849,000

$740 / sq ft

Bedrooms0

Bathrooms5

Interior2,500 sq ft

Lot Size1,428 sq ft

TypeCommercial

ListingFor Sale

Days on Market105

About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	E13036986
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	2,500 sq ft
Lot Size	1,428 sq ft
Beds / Baths	0 bed · 5 bath
City	Riverdale / Leslieville
Postal Code	M4K 1P1
Province	ON
Listed Date	April 23, 2026
Days on Market	105
Price per Sq Ft	$740
Brokerage	KELLER WILLIAMS ADVANTAGE REALTY