Scout N Secure

$1,739,000

Map

471 Danforth Avenue

North Riverdale, Toronto, Ontario M4K1P1

For sale· Added

5 bath2,500 sqft

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.

Location

Map data © OpenStreetMap contributors

Upcoming open housesSee all Toronto open houses

No open houses are scheduled for this property.

Can't make it? Request a private viewing.

Property details

Listing

MLS® number
E13810512
Added
Sep 21, 2026 ()
Updated
Sep 21, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Residential Commercial Mix

Inside

Bathrooms
5
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Lot size
14 x 102 ft
Zoning
CR3(c2.5;r2.5)*2426) Commercial/Residential

Services

Water
Municipal water

Location

Cross streets
Danforth and Logan

Running costs

Annual property tax
$24,352

Ask about this property

$1,739,000
471 Danforth Avenue
Request a viewing

Similar properties in Toronto