Skip to content
1 / 25
For saleMLS® C13725626

464 Sherbourne Street, Toronto, ON M4X 1K2

Cabbagetown-South St. James Town · C08 · M4X 1K2

$149,000

$111 / sq ft

2 months on market

Bathrooms
2
Total area
1,344 sf
Lot
16 × 84.01 ft
Age
51-99 years

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

RESTAURANT BUSINESS FOR SALE | PRIME DOWNTOWN TORONTO LOCATION | APPROX. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-SEAT CAPACITY | MONTHLY RENT $5,537 INCLUDING HST & TMI | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.

Property details

Property

Property type
business
Bathrooms
2
Interior size
1,344 sq ft
Year built
51-99
Lot size
16 × 84.01 ft
Zoning
Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Water
Lake/River
Sewer
Sanitary

Costs

List price
$149,000
Price per sq ft
$111

Listing

MLS® number
C13725626
Status
For sale
Listed
August 30, 2026
Days on market
67
Last updated
October 5, 2026
Listing brokerage
GET HOME REALTY INC.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

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 in line with comparable listings — about 46% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K
This home
$111 / 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 $7,450
$7,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$782.65
Estimated monthly
$783

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
$1,215
Toronto municipal
$1,215
Total due on closing
$2,430

An estimate on the asking price of $149,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of GET HOME REALTY INC.. 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.

$149,000

Contact Book a viewing

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 prices

Free. Takes about twenty seconds.