Toronto E01 M4K 1P1

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Bathrooms: 5
Pets: Pets No

Financials

Price:C1,899,000
($1,352,962)
(€1,158,606)
Annual Taxes:C24,352.32
505 Park Ave, New York, NY 10022

Greektown Gem DANFORTH amp ; LOGAN !

Description

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!

Amenities

  • Public Transit
  • Subways

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.