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For saleMLS® C13651156

55 Underhill Drive, Toronto, ON M3A 2J7

Parkwoods-Donalda · C13 · M3A 2J7

$399,000

$216 / sq ft

3 months on market

Bathrooms
3
Total area
1,850 sf
Lot
338.26 × 364.18 ft

What's special

  • Plaza garage
  • Yes

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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.

$55KMedian $149K$399K
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

Down payment5.0% · minimum $19,950
$19,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$399,000

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