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.
Exceptional Turnkey Restaurant Opportunity Offering A Rare Combination Of Prime Bloor Street Location, Attractive Asking Price, Competitive Rent And Strong Growth Potential. Positioned Directly Between Tim Hortons And McDonald's On The Busy Bloor Street East Corridor With Exposure To Approx. 15,000-20,000 Vehicles Daily And Thousands Of Pedestrians. Steps To Sherbourne Subway Station And Surrounded By The Extremely Dense St. James Town Community Featuring Over 19 Residential Towers And 17,000+ Residents Within Walking Distance. Short Walk To Georgian College At ILAC and Trios College Bringing Thousands Of Students To The Area Year-Round And Creating Strong Demand For Take-Out And Casual Dining. Located In A Proven Food Corridor With Consistent Lunch, Evening And Late-Night Traffic. Recently Renovated With All Equipment In Great Condition. The Buyer Can Continue The Current Concept And Branding Or Easily Convert The Space To Another Food Concept. With A Strong Established Customer Base And Competitive Rent Of $7,290 Including TMI and Hst, This Turnkey Operation Presents An Excellent Opportunity For Entrepreneurs Seeking A Profitable Business In A High-Demand Downtown Location With Significant Upside Potential.
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Age Groups
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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.
