The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Lovely turnkey bakery and café available in the heart of St. Clair Village in Toronto.Currently operating as the well-known Portuguese-owned Dom Mendes Bakery & Pastry, this established business is available as-is with training or ready for rebranding into a different concept, cuisine, or franchise. The 1,700 sq. ft. layout offers seating for 20 with an efficient takeout-focused café design. Complete with a large back kitchen and prep area, the business includes a BIG Pendrith Bake-O-Mat capable of high-volume bread and pastry production,plus a large walk-in fridge and an extensive collection of equipment and quality leaseholds.Lease rate of $4,185 Gross Rent including TMI with a new 5 + 5 year term to be provided.Outstanding opportunity for a baker, café operator, or hospitality entrepreneur looking to establish or expand in one of Toronto's most established neighbourhoods. Please do not go direct or speak to staff or ownership.
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Estimated Rental Income
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$617/mo
Mortgage (principal + interest)$617
Minimum $8,250 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$33,000
Ontario land transfer taxProvincial brackets, no first-time refund$1,375
Toronto land transfer taxMunicipal brackets, no first-time refund$1,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$38,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
