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.
Prime Restaurant Opportunity at Annette & Runnymede! Looking to expand your existing restaurant business or launch your next culinary concept? Your search is over!Located at the vibrant corner of Annette Street and Runnymede Road, this approximately 800 sq. ft. restaurant space offers an exceptional opportunity in a well-established and highly active neighbourhood.The space is ideally configured with approximately 20 seats and comes fully equipped with everything you need to get cooking, including commercial cooking equipment, ventilation, refrigerators, a draft fridge and a walk-in cooler. The full basement provides an abundance of additional storage, making this space both functional and efficient.Surrounded by a collection of successful restaurants, cafés and food establishments, the location offers excellent exposure. The possibilities are endless - envision a premium sandwich or deli concept, breakfast café, grab-and-go destination, specialty takeout operation or a unique food franchise.With TTC right at your doorstep, access is convenient for both customers and employees. Excellent road access also makes the location ideal for delivery and food-ordering services, adding another valuable revenue stream.Great location. Excellent infrastructure. Endless possibilities. Whether you're an established operator looking to expand or an entrepreneur ready to bring your next food concept to life, this is an opportunity you won't want to miss.Don't wait - this one is a must-see!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$320/mo
Mortgage (principal + interest)$187
Property taxFrom listing: $1,600/yr$133
Minimum $2,495 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$9,980
Ontario land transfer taxProvincial brackets, no first-time refund$250
Toronto land transfer taxMunicipal brackets, no first-time refund$250
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$13,280
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.
