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.
Licensed restaurant with a full commercial kitchen and patio in the heart of Toronto's vibrant St. Clair Village. Currently operating as a very popular Dominican restaurant, this is an outstanding opportunity to acquire a turnkey hospitality business in a growing neighbourhood with strong local support and excellent foot traffic. The 2,000 Sq Ft layout is licensed for 55 guests inside plus 30 on the private back patio, making it well suited for dine-in service,private events, and takeout. Available for rebranding into a different concept, cuisine, or franchise, this versatile space offers tremendous potential for owner-operators, chefs, or established brands looking to expand. Very attractive lease rate of just $4,000 Gross Rent with 3 + 5 + 5 years remaining. The fully equipped commercial kitchen features a 9-ft hood, 1 walk-in fridge, and everything needed to begin operations immediately. Please do not go director speak to staff or ownership.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$557/mo
Mortgage (principal + interest)$557
Minimum $7,450 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$29,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,215
Toronto land transfer taxMunicipal brackets, no first-time refund$1,215
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$35,030
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.
