For Sale · Sale Of Business
2977 Lake Shore Boulevard W, Toronto, ON M8V 1J8
Toronto W06 · New Toronto
0
Beds
2
Baths
0
Parking
—
Sq ft
31-50 yrs
Built
The honest picture
Listed 86% below the New Toronto benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Excellent location for passionate new owners. Could be offered as a franchise with zero franchise fee, otherwise you could turn it into your own dream restaurant. Previous restaurant owner used basement for entertaining small parties (fully renovated basement to accommodate such small events or alternatively a complimentary business - such as a game room, etc)
Property details
Listed on
May 7, 2026
Days on market
80 days
Property tax
$9,100 (2026)
Lot
17.66 × 100 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
W13094014
Full details
Parking
GarageNone
Property & sold 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$1,175
Toronto municipal LTT$1,175
Legal · title · inspection$2,800
Closing costs$5,150
Down payment$7,250
Total cash to close$12,400
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.
