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Home · Buy · Toronto C01 · 551 Bloor Street W, Toronto, ON M5S 1Y6
551 Bloor Street W, Toronto, ON M5S 1Y6
551 Bloor Street W, Toronto, ON M5S 1Y6
551 Bloor Street W, Toronto, ON M5S 1Y6
551 Bloor Street W, Toronto, ON M5S 1Y6
551 Bloor Street W, Toronto, ON M5S 1Y6
For Sale · Sale Of Business

551 Bloor Street W, Toronto, ON M5S 1Y6

Toronto C01 · University
◷73 days on market
● SOLD CONDITIONAL
—
Beds
—
Baths
—
Parking
1100 sq ft
Sq ft
—
Built

About this home

  • Shelby's Legendary Shawarma franchise location for sale in Toronto's Annex/Bloor-Bathurst corridor
  • Approximately 1100 sq ft commercial space
  • Monthly sales approximately $100,000
  • Monthly rent approximately $7,903.50 including TMI
  • Lease term through 2033 plus two five-year renewal options
  • Franchise fees: 6% royalty and 2% advertising
  • Full training provided to new owner

Key points summarised from the listing description.

Property details

Listed on
July 4, 2026
Days on market
73 days
Property tax
$0 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13521800

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 4, 2026—$699,000For SaleC13521800
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$10,455
Toronto municipal LTT$10,455
Legal · title · inspection$2,800
Closing costs$23,710
Down payment$139,800
Total cash to close$163,510
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.
$699,000
MLS® C13521800 · Listed by HOMELIFE/MIRACLE REALTY LTD
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated August 31, 2026.

$699,000

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) through PropTx and is deemed reliable but is not guaranteed accurate by PropTx. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. IDX information is for consumers' personal, non-commercial use.

Neighbourhood market

The University market

How homes are selling here right now — sold data for July 2026.

Balanced marketAll home types in University · 26 sales over 3 months
Buyer'sBalancedSeller's

Homes in University are selling near asking in about 32 days. Neither side has the upper hand right now.

Median sold · University
$1,420,000
Homes sold · this month
7
30 days on market avg
Sold vs asking
106.1%
over asking — seller's market
Other median · Toronto Central
—
12-month trend
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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