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For saleMLS® C13639988

486 Front Street W WM03, Toronto, ON M5V 0V2

Waterfront Communities · C01 · M5V 0V2

$49,000

$245 / sq ft

3 months on market

Total area
200 sf
0

What's special

  • Underground parking
  • Yes

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About this property

Situated inside The Well - Wellington Market, this established noodle shop operates under the popular Tong Mein brand. Surrounded by thousands of residents, office workers, and daily foot traffic, the location offers exceptional visibility and steady customer flow. Fully built-out and professionally operated with trained staff and streamlined systems. Buyer may continue with the existing brand or convert to their own concept. Rent: $ 4,643.94 includes all utilities + HST expired July 2027 + 5 year option.

Property details

Property

Property type
business
Interior size
200 sq ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Underground

Costs

List price
$49,000
Price per sq ft
$245

Listing

MLS® number
C13639988
Status
For sale
Listed
August 5, 2026
Days on market
92
Last updated
August 31, 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

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 4% of comparable business for sale listings in Waterfront Communities are asking less.

$75KMedian $188K$552K
This home
$245 / sq ft
Comparable median
$161 / sq ft

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 $2,450
$2,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$257.38
Estimated monthly
$257

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
$245
Toronto municipal
$245
Total due on closing
$490

An estimate on the asking price of $49,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. 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.

$49,000

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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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