3 Elmhurst Avenue, Toronto, ON M2N 1R3
Lansing-Westgate · C07 · M2N 1R3
$678,000
$277 / sq ft7 months on market
- Total area
- 2,450 sf
What's special
- Outside/surface garage
- Yes
About this property
Money Maker, Two businesses in one location, Extremely Popular Restaurant / Karaoke Bar Located At Yonge And Sheppard. Very Profitable Turn Key Business With 3.5 Years + 5 Year Option Remaining On The Lease. Restaurant On Main Floor And Karaoke Bar Located On The Lower Level. Plenty Of Parking In Front And On Side Of The Building With Sheppard Station Ttc Located Directly Behind The Restaurant. tastefully decorated & designed interior with 145 seats, fully equipped kitchen, 6 private karaoke rooms.
Property details
Property
- Property type
- business
- Interior size
- 2,450 sq ft
- Zoning
- Commercial
- Possession
- Tba
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $678,000
- Price per sq ft
- $277
Listing
- MLS® number
- C12891988
- Status
- For sale
- Listed
- March 17, 2026
- Days on market
- 233
- Last updated
- October 29, 2026
- Listing brokerage
- RIGHT AT HOME REALTY
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 above most comparable listings — about 98% of comparable business for sale listings in Toronto are asking less.
- This home
- $277 / sq ft
- Comparable median
- $116 / sq ft
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $3,512.13
- Estimated monthly
- $3,512
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
- $10,035
- Toronto municipal
- $10,035
- Total due on closing
- $20,070
An estimate on the asking price of $678,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RIGHT AT HOME REALTY. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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