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For saleMLS® C13226110

650 YONGE Street, Toronto, ON M4Y 2A6

Bay Street Corridor · C01 · M4Y 2A6

$49,500

5 months on market

0

What's special

  • Yes

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About this property

Proud to present a rare opportunity to acquire a legendary dining establishment that has served as a pillar of the community for over a decade. Far more than just a restaurant, this is a high performing asset characterized by an impeccable reputation and an unrivaled location. The property is nestled within a high density corridor of luxury high rise residences, corporate offices, Wellesley Subway Station is a few steps away, Few minutes from the city's prestigious luxury retail corridor. Approx. 947Sqft on main floor plus Approx. 442Sqft storage in basement. Under 30 seats, Liquor License. Fully trained staff, well maintained commercial kitchen. Dual Investment Opportunity: Buyers have the unique option to carry on the successful legacy of the existing brand, or rebrand with a fresh new concept upon approval.

Property details

Property

Property type
business
Zoning
Commercial
Possession
TBA

Interior

Heating
Baseboard
Cooling
Yes

Costs

List price
$49,500
Property taxes
$33,855 / year (2026)
Rental items
HWT

Listing

MLS® number
C13226110
Status
For sale
Listed
June 2, 2026
Days on market
156
Last updated
September 26, 2026
Listing brokerage
BAY STREET GROUP 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 below most comparable listings — about 0% of comparable business for sale listings in Bay Street Corridor are asking less.

$74KMedian $120K$220K

Based on 26 comparable active business for sale listings in Bay Street Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $2,475
$2,475
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$260.01
Property tax (est.)
$2,821.27
Estimated monthly
$3,081

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
$248
Toronto municipal
$248
Total due on closing
$495

An estimate on the asking price of $49,500. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP 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.

$49,500

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