Home · Buy · Toronto C01 · 528 Yonge Street, Toronto, ON M4Y 1X9
+ 9 photos
For Sale · Sale Of Business
528 Yonge Street, Toronto, ON M4Y 1X9
Toronto C01 · Bay Street Corridor
0
Beds
—
Baths
0
Parking
1138 sq ft
Sq ft
—
Built
The honest picture
List price
$199,000
Renavu Estimate
—
Benchmark · All homes
$588,500
Listed 66% below the Bay Street Corridor benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Exceptional opportunity to own a fully equipped, turnkey restaurant in a prime downtown location. Situated on a highly visible corner unit with outstanding exposure, this space benefits from heavy foot traffic throughout the day. The restaurant is fully built-out and ready for immediate operation, featuring a commercial kitchen with walk-in cooler and freezer. LLBO licensed with seating for 43 indoors, plus an additional 30 seats on the patio. Located just a 3 minute walk from Wellesley subway station, and surrounded by high-rise residential condos. Close proximity to major institutions including University of Toronto, Toronto Metropolitan University, and OCAD University, ensuring consistent customer flow. This is a profitable business with strong potential for continued growth.
Property details
Listed on
March 31, 2026
Days on market
115 days
Property tax
$0 (2026)
Lot
20 × 56 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C12941698
Full details
Parking
GarageNone
Property & sold history
🔒
See this home's sale & listing history
Historical sold prices are protected under TRREB rules — sign in to unlock (rolling out with our VOW access). No spam, ever.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$1,715
Toronto municipal LTT$1,715
Legal · title · inspection$2,800
Closing costs$6,230
Down payment$9,950
Total cash to close$16,180
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
+ 9 photos
