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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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471 Danforth Avenue Toronto E01
For SaleNorth Riverdale

471 Danforth Avenue Toronto E01, Commercial Retail for Sale

MLS® E12680350

North Riverdale, Toronto, ON

302 days on market
$1,899,000
Show on Map
Show on Map
N/ABeds
5Baths
2,500Sqft
N/AParking
Commercial Retail

Overview· 471 Danforth Avenue Toronto

MLS® #E12680350

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!

Inclusions

Heat Ventilation Air Conditioner. 16 ft. exhaust hood. Upstairs Apartment Appliances: Stove, fridge, washer, and dryer included.

Broker

KELLER WILLIAMS ADVANTAGE REALTY

Neighbourhood

North Riverdale

Walk 87Avg $2.01MArea guide

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Walk Score®98Walker's ParadiseWalker's Paradise
Transit Score®98Rider's ParadiseRider's Paradise
Bike Score®82Very BikeableVery Bikeable
Schools8823 schools within 1.5 km · nearest 138 m23 schools within 1.5 km · nearest 138 m
Parks8510 parks within 1 km · nearest 63 m10 parks within 1 km · nearest 63 m
Convenience9642 groceries, cafes and pharmacies within 1 km · nearest 50 m42 groceries, cafes and pharmacies within 1 km · nearest 50 m
Safety32Safer than 32% of Toronto neighbourhoods (2025)North Riverdale: 1,571 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 471 Danforth Avenue Toronto

Source: MLS® listing data
471 Danforth Avenue Toronto

Commercial Retail

471 Danforth Avenue Toronto

North Riverdale

Type

Commercial Retail

Parking

None

Property Tax

~$24,352/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

2500 sqft

Parking

None

Finances

List Price

$1,899,000

Price per SQFT

$760/sqft

Property Tax

~$24,352/yr

Property Specs

Property Type

Commercial Retail

MLS Size

2500 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

North Riverdale

Listed On

Jan 9, 2026

Public Transit

Subways

Price & Listing History

Days on Market

Current: 302 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$7,638/mo
Property Tax$2,029/mo
Total Monthly$9,667

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0