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For saleMLS® C12739116

563 Bloor Street W Main Floor, Toronto, ON M5S 1Y6

University · C01 · M5S 1Y6

$375,000

$163 / sq ft

9 months on market

Total area
2,300 sf
Lot
21 × 110 ft
Age
16-30 years

What's special

  • Yes

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About this property

Well-Established Downtown Restaurant - Strong Revenue & Attractive Lease Rare Opportunity To Acquire A Long-Standing, Well-Known Neighbourhood Restaurant In The Heart Of Downtown. Operating Successfully For Over 30 Years, This Location Has Built A Strong Reputation For Brunch, Late Night Dining, And A Vibrant Evening Atmosphere. The Business Generates Over $2 Million In Annual Revenue And Benefits From A Long-Term, Attractive Lease, Providing Stability For An Incoming Owner. The Restaurant Features A Full Commercial Kitchen, Efficient Layout, And A Loyal Customer Base With Consistent Foot Traffic. Known For Its Global Comfort Food Menu, Extensive Martini Program, And Nightly Djs, The Restaurant Continues To Perform As A Destination Spot Within The Neighbourhood. Includes The Established Business Name, Or The Buyer May Elect To Rebrand, Subject To Landlord Approval. Washroom's Are Located In The Basement. Well Suited For Experienced Owner-Operators Or Hospitality Groups Seeking A Proven Downtown Location With Strong Sales, Long-Tern Lease Security, And Flexibility For Future Concept Positioning.

Property details

Property

Property type
business
Interior size
2,300 sq ft
Year built
16-30
Lot size
21 × 110 ft
Zoning
Commercial
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$375,000
Property taxes
$2,100 / year (2025)
Price per sq ft
$163

Listing

MLS® number
C12739116
Status
For sale
Listed
January 29, 2026
Days on market
280
Last updated
August 27, 2026
Listing brokerage
RE/MAX PREMIER INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 75% of comparable business for sale listings in University are asking less.

$167KMedian $219K$495K

Based on 8 comparable active business for sale listings in University. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $18,750
$18,750
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,969.77
Property tax (est.)
$175.00
Estimated monthly
$2,145

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$4,100
Toronto municipal
$4,100
Total due on closing
$8,200

An estimate on the asking price of $375,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX PREMIER INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$375,000

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