Home · Buy · Toronto W08 · 5487 Dundas Street W 1, Toronto, ON M9B 1B5
+ 9 photos
For Sale · Sale Of Business
5487 Dundas Street W 1, Toronto, ON M9B 1B5
Toronto W08 · Islington-City Centre West
0
Beds
—
Baths
0
Parking
750 sq ft
Sq ft
6-15 yrs
Built
The honest picture
List price
$198,000
Renavu Estimate
—
Benchmark · All homes
$744,100
Listed 73% below the Islington-City Centre West benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
LONZO'S IS A WELL ESTABLISHED PROFITABLE FRANCHISE RESTAURANT FOR SALE, IDEALLY LOCATED IN A HIGH TRAFFIC AREA AT THE CORNER OF DUNDAS/ SHORNCLIFFE ROAD. THE BUSINESS BENEFITS FROM EXCELLENT VISIBILITY AND STEADY CUSTOMER FLOW, WITH CLOSE PROXIMITY TO THE SUBWAY AND NUMEROUS CONDOMINIUM BUILDINGS. THE RESTAURANT GENERATED APPROXIMATELY $500,000.00 IN SALES FOR 2025!! AND ACHIEVED A NET PROFIT OF APPROXIAMATELY $90,000.00. THE OPERATION OD CURRENTLY SUPPORTED BY FOUR EMPLOYEES, AND A LONGTERM LEASE IS IN PLACE, OFFERING STABILITY AND PEACE OF MIND FOR A NEW COMER. THIS IS AN EXCELLENT OPPORTUNITY FOR AFAMILY RUN BUSINESS. AN OWNER OPERATOR, OR AN INVESTOR LOOKING TO ENTER OR EXPAND WITHIN THE RESTAURANT INDUSTRY. FINANCIAL FIGURES ARE PROVIDED BY THE SELLER AND SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS
Property details
Listed on
June 20, 2026
Days on market
34 days
Property tax
$0 (2026)
Lot
12 × 18 Feet
Heating
Baseboard
Cooling
Yes
MLS®
W13470852
Full details
Parking
GarageNone
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$1,705
Toronto municipal LTT$1,705
Legal · title · inspection$2,800
Closing costs$6,210
Down payment$9,900
Total cash to close$16,110
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.
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