$198,880
220 Yonge Street CRU F17, Toronto, ON M5B 2H1
Bay Street Corridor · C01
Listing courtesy of RH REALTY INC.
Bay Street Corridor · C01 · M4Y 1Y8
$189,999
2 months on market
Rare opportunity to acquire a turnkey licensed Japanese restaurant on one of Toronto's busiest retail corridors, steps to Wellesley Station. Approximately 2,310 sf across ground floor, mezzanine and basement in a high-exposure storefront with established signage. Well-run operation with a loyal customer base and strong, growing sales - approaching seven figures annually. Fully built and equipped commercial kitchen with hood and ecologizer system. All chattels, fixtures and equipment owned outright and included; no rental or leased equipment to assume. LLBO in place. Established franchise with franchisor consent to a transfer already obtained. New five-year lease starting in 2027 already in place direct with the landlord, with base rent stepping down at the start of the new term - a meaningful reduction in occupancy cost for an incoming owner. Landlord open to considering a change of use to other retail concepts and a sublease of the mezzanine.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 81% of comparable business for sale listings in Bay Street Corridor are asking less.
Based on 26 comparable active business for sale listings in Bay Street Corridor. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $189,999. 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.
What similar homes in this area actually sold for.
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$198,880
Bay Street Corridor · C01
Listing courtesy of RH REALTY INC.
$199,000
Bay Street Corridor · C01
Listing courtesy of BAY STREET GROUP INC.