55 Underhill Drive, Toronto, ON M3A 2J7
Parkwoods-Donalda · C13 · M3A 2J7
$399,000
$216 / sq ft3 months on market
- Bathrooms
- 3
- Total area
- 1,850 sf
- Lot
- 338.26 × 364.18 ft
What's special
- Plaza garage
- Yes
About this property
High Street Fish & Chips is a longstanding and popular restaurant and one of the remaining classic chippys in Toronto, serving the community since 2005. Well known for its traditional menu and loyal customer base, this established business offers strong sales and profitability on top of an owner's salary. A rare opportunity to acquire a recognized neighbourhood staple with a proven track record. The restaurant occupies 1,850 Sq Ft with a classic and efficient layout that works perfectly for pick-up, delivery, and dine-in service. The inviting dining room is licensed for 54 guests, allowing for additional alcohol sales and a comfortable sit-down experience. The space features a large production kitchen with two commercial hood systems totalling 16 Ft, plus a dedicated prep area to support high-volume operations. Located in a great plaza just off the Don Valley Parkway and Lawrence Avenue, the restaurant benefits from strong accessibility and consistent local traffic. Lease rate of $5,840 Gross Rent including TMI with term remaining. Training will be provided for a smooth transition. Please do not go direct or speak to staff or ownership.
Property details
Property
- Property type
- business
- Bathrooms
- 3
- Interior size
- 1,850 sq ft
- Lot size
- 338.26 × 364.18 ft
- Zoning
- Business Commercial
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Plaza
- Sewer
- Sanitary+Storm
Costs
- List price
- $399,000
- Price per sq ft
- $216
Listing
- MLS® number
- C13651156
- Status
- For sale
- Listed
- August 7, 2026
- Days on market
- 90
- Last updated
- August 7, 2026
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Price & sale history
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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 88% of comparable business for sale listings in Toronto are asking less.
- This home
- $216 / 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
- $2,095.83
- Estimated monthly
- $2,096
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
- $4,460
- Toronto municipal
- $4,460
- Total due on closing
- $8,920
An estimate on the asking price of $399,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE 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.
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