Personal Pic

Zarrin Joo

Broker
RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. 11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7 Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590

$1,899,000
Available - For Sale
Listing ID: E12461894
471 Danforth Aven , Toronto, M4K 1P1, Toronto


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 $2,200/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!
Price $1,899,000
Taxes: $24352.32
Tax Type: Annual
Occupancy: Tenant
Address: 471 Danforth Aven , Toronto, M4K 1P1, Toronto
Postal Code: M4K 1P1
Province/State: Toronto
Legal Description: PT LT 1 PL 81E TORONTO AS IN CT592396; S
Directions/Cross Streets: Danforth and Logan
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Multi-Use
Building Percentage: T
Total Area: 2500.00
Total Area Code:  Square Feet
Office/Appartment Area: 800
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Sprinklers: No
Washrooms: 5
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ADVANTAGE REALTY
Personal Picture
Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E01
Neighbourhood: North Riverdale
Style:
Lot Size: x 102.00(Feet)
Approximate Age:
Tax: $24,352.32
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years