Annex · C02 · M5S 1Y3
$499,000
$271 / sq ft1 weeks on market
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Exceptional 24/7 A&W franchise opportunity in the heart of Toronto's vibrant Annex neighbourhood. Ideally positioned on Bloor Street West, this busy 1,844 sq. ft. location benefits from outstanding pedestrian traffic and proximity to the University of Toronto, schools, offices, residences and the major Mirvish Village development. The restaurant offers seating for 26, strong sales, a loyal customer base and an efficient layout designed for high-volume quick-service operations around the clock. Franchise modernization has been completed to current standards, with no anticipated site upgrades for the next seven years. Currently operated by a hands-off owner, this is a fantastic opportunity for an active owner-operator to reduce management costs and further improve profitability. Full franchisor training and support are available, subject to approval, with royalties of 3.5% plus a 3% advertising contribution. Gross monthly rent is approximately $15,100 inclusive of TMI, plus HST with lease term remaining. Prospective purchasers are expected to have a minimum of 35% of the purchase price available in unencumbered cash and are subject to franchisor approval. A compelling turnkey opportunity backed by one of Canada's most recognized quick-service brands. Please do not go direct or speak with staff.
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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 100% of comparable business for sale listings in Annex are asking less.
Based on 13 comparable active business for sale listings in Annex. 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 $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES 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.