10
$198,880
220 Yonge Street CRU F17, Toronto, ON M5B 2H1
Bay Street Corridor · C01
1 months on marketMLS® C13790076
Listing courtesy of RH REALTY INC.
1 / 16
For saleMLS® C13508840
582 Yonge Street, Toronto, ON M4Y 1Z3
Bay Street Corridor · C01 · M4Y 1Z3
$240,000
4 months on market
- 0
What's special
- Street garage
- Yes
About this property
Highly recognized and well-established Korean rice dog franchise in the heart of downtown Toronto. Ideally situated in a high-traffic location with exceptional exposure, this turnkey business benefits from strong pedestrian traffic year-round, attracting locals, office workers, students, and tourists alike.Currently operating as a successful takeout restaurant with a 20-seat dine-in area, this business is easy to manage with minimal owner involvement. Monthly gross sales are approximately $70,000 (as per the seller), with food costs averaging 28-30%, offering an efficient and profitable operating model.The lease includes no demolition clause, providing added security and long-term peace of mind for the purchaser. An excellent opportunity to acquire a proven franchise in one of Toronto's busiest and most desirable commercial districts.
Property details
Property
- Property type
- business
- Zoning
- Commercial
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Street
Costs
- List price
- $240,000
Listing
- MLS® number
- C13508840
- Status
- For sale
- Listed
- July 1, 2026
- Days on market
- 127
- Last updated
- October 20, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE ASSOCIATES
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 92% of comparable business for sale listings in Bay Street Corridor are asking less.
$64KMedian $119K$199K
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 $12,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $1,260.65
- Estimated monthly
- $1,261
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
- $2,125
- Toronto municipal
- $2,125
- Total due on closing
- $4,250
An estimate on the asking price of $240,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE ASSOCIATES. 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.
Similar properties nearby
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$199,000
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1,251 sf
2 months on marketMLS® C13710500
Listing courtesy of BAY STREET GROUP INC.
2
$260,000
664 Yonge Street, Toronto, ON M4Y 2A6
Bay Street Corridor · C01
2 ba
1,700 sf
4 months on marketMLS® C13468028
Listing courtesy of CENTERPOINT REALTY INC.