+ 11 photosFor Sale · Sale Of Business
56 Temperance Street, Toronto, ON M5H 3V5
Toronto C01 · Bay Street Corridor
0
Beds
—
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
Listed 58% below the Bay Street Corridor benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
BAY STREET CORRIDOR RESTAURANT OPPORTUNITY * 1,451 SQ. FT. OF GORGEOUS DESIGNED SPACE * LONG ESTABLISHED RESTAURANT IS RELOCATING * COMES WITH 600 SQ. FT. SATELLITE OFFICE SPACE * BRAND NAME NOT INCLUDED * 4 YEAR LEASE WITH 10 YEAR OPTION TO RENEW * $13,254.43 / MONTH INCLUSIVE OF TMI * SALES OF $2 MILLION++ * LICENSED FOR 45 PEOPLE * SUITS ANY CONCEPT, WELL KNOWN SECRET IN THE AREA * OVER $400,000.00 IN CHATTELS & FIXTURES INCLUDED IN PURCHASE PRICE
Property details
Listed on
May 1, 2026
Days on market
84 days
Property tax
$0 (2026)
Lot
20 × 70 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C13072756
Full details
Parking
GarageOutside/Surface
Property & sold history
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See this home's sale & listing history
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True cost to close
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$2,215
Toronto municipal LTT$2,215
Legal · title · inspection$2,800
Closing costs$7,230
Down payment$12,450
Total cash to close$19,680
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.
