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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, Store W Apt/Office for Sale

MLS® E13421166

North Riverdale, Toronto, ON

151 days on market
$1,795,000
Show on Map
Show on Map
N/ABeds
5Baths
2,500Sqft
N/AParking
Store W Apt/Office

Overview· 471 Danforth Avenue Toronto

MLS® #E13421166

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.

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

Store W Apt/Office

471 Danforth Avenue Toronto

North Riverdale

Type

Store W Apt/Office

Parking

None

Property Tax

~$24,352/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

2500 sqft

Parking

None

Finances

List Price

$1,795,000

Price per SQFT

$718/sqft

Property Tax

~$24,352/yr

Property Specs

Property Type

Store W Apt/Office

MLS Size

2500 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

North Riverdale

Listed On

Jun 9, 2026

Public Transit

Subways

Price & Listing History

Days on Market

Current: 151 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$7,220/mo
Property Tax$2,029/mo
Total Monthly$9,249

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

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