Home · Buy · Toronto C01 · 582 Yonge Street, Toronto, ON M4Y 1Z3
+ 16 photos
For Sale · Sale Of Business
582 Yonge Street, Toronto, ON M4Y 1Z3
Toronto C01 · Bay Street Corridor
Street garage
0
Beds
—
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
List price
$299,000
Renavu Estimate
—
Benchmark · All homes
$588,500
Listed 49% below the Bay Street Corridor benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Highly recognized and well-established Korean rice dog franchise in the heart of downtown Toronto. Ideally situated in a high-traffic location with exceptional exposure, this turnkey business benefits from strong pedestrian traffic year-round, attracting locals, office workers, students, and tourists alike.Currently operating as a successful takeout restaurant with a 20-seat dine-in area, this business is easy to manage with minimal owner involvement. Monthly gross sales are approximately $70,000 (as per the seller), with food costs averaging 28-30%, offering an efficient and profitable operating model.The lease includes no demolition clause, providing added security and long-term peace of mind for the purchaser. An excellent opportunity to acquire a proven franchise in one of Toronto's busiest and most desirable commercial districts.
Property details
Listed on
July 1, 2026
Days on market
23 days
Property tax
$0 (2026)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C13508840
Full details
Parking
GarageStreet
Property & sold history
🔒
See this home's sale & listing history
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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$2,960
Toronto municipal LTT$2,960
Legal · title · inspection$2,800
Closing costs$8,720
Down payment$14,950
Total cash to close$23,670
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.
+ 16 photos
