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For saleMLS® C12807014

199 Bay Street, Toronto, ON M5L 1G5

Church-Yonge Corridor · C08 · M5L 1G5

$188,000

8 months on market

Lot
20 × 30 ft

What's special

  • Yes

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About this property

A rare chance to own a profitable food business in the heart of downtown Toronto. Bagel Stop is located inside a busy office tower at 199 Bay Street. Steps to the PATH. Surrounded by banks, offices, and condo buildings. Strong weekday traffic. Toronto will host six FIFA World Cup 2026 matches. This may bring more traffic, more visitors, and better sales potential for downtown restaurants. Stable customer base. Low rent for this prime location. High profit margins. Simple operation. Easy menu. Bagels, sandwiches, and grab-and-go items. Perfect for owner-operator. Small team required. Clean setup. Efficient layout. Turnkey operation. Keep the brand or bring your own concept (subject to approval). Great opportunity for someone looking for steady income in the financial district. Downtown locations like this are hard to find at this price point.

Property details

Property

Property type
business
Lot size
20 × 30 ft
Zoning
Take Out/ Fast Food
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$188,000

Listing

MLS® number
C12807014
Status
For sale
Listed
February 20, 2026
Days on market
257
Last updated
August 28, 2026
Listing brokerage
RC BEST CHOICE REALTY CORP

Price & sale history

This property's sale history is hidden

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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 in line with comparable listings — about 44% of comparable business for sale listings in Church-Yonge Corridor are asking less.

$70KMedian $207K$748K

Based on 16 comparable active business for sale listings in Church-Yonge Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $9,400
$9,400
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$987.51
Estimated monthly
$988

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
$1,605
Toronto municipal
$1,605
Total due on closing
$3,210

An estimate on the asking price of $188,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RC BEST CHOICE REALTY CORP. 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.

$188,000

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