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For saleMLS® C13143070

453 Cherry Street, Toronto, ON M5A 0H7

Waterfront Communities · C08 · M5A 0H7

$149,000

5 months on market

0

What's special

  • Pay garage
  • Yes

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About this property

Turnkey commercial opportunity in Toronto's thriving Canary District. Fully built-out modern fitness studio featuring over $700,000 in original investment and premium leasehold improvements, offering strong street exposure and excellent visibility at the northeast corner of Front & Cherry. Located within a rapidly growing master-planned community surrounded by high-density residential developments, retail, and steady pedestrian traffic. Continue the existing fitness operation or bring your own vision - concept can be changed to suit a variety of business uses. Prime downtown east location steps to TTC transit, Corktown Common, and the Distillery District.

Property details

Property

Property type
business
Zoning
Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Pay

Costs

List price
$149,000

Listing

MLS® number
C13143070
Status
For sale
Listed
May 19, 2026
Days on market
170
Last updated
June 9, 2026
Listing brokerage
AREA REALTY INC.

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 Waterfront Communities are asking less.

$71KMedian $188K$552K

Based on 27 comparable active business for sale listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $7,450
$7,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$782.65
Estimated monthly
$783

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
$1,215
Toronto municipal
$1,215
Total due on closing
$2,430

An estimate on the asking price of $149,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of AREA REALTY 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.

$149,000

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