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For saleMLS® C13775644

550 Queens Quay W 12, Toronto, ON M5V 3M8

Waterfront Communities · C01 · M5V 3M8

$99,000

$94 / sq ft

1 months on market

Total area
1,050 sf
0

What's special

  • Yes

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About this property

his is an excellent opportunity in an unbeatable location.Taking over a well -established and turn key newly built out restaurant on Queens Quay Harbour Front Area. This Location Surrounded With Luxury Condos, Offices, Waterfront, Tourist Area . This 1050 square foot restaurant sits at the base of a 12 storey, 245 condos building. With a liquor license of 24 seats inside, To be sure to have established and new customers whether they're locals or tourists to the area .The kitchen is equipped with plenty of fridge space, storage, and top line equipment to accommodate your cuisine of choice. With a long lease term in place at incredibly low rent. this Bright, Welcoming & Functionally Laid Out restaurant With High Volume Walking Traffic. Modern & Spacious Sitting Area . This Unit Has It All,Excellent Opportunity To Take Over, Easy To Run. Just Renovated, very attractive Neighbourhood. Amazing Opportunity To Start Your Own Business With Minimal Cost.Endless Potential For Growth And Catering, High Traffic Flow. Consistent year around tourism. Expected increased tourism driven by upcoming FIFA WORLD CUP to the city .Steps to BILLY BISHOP AIRPOR.

Property details

Property

Property type
business
Interior size
1,050 sq ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$99,000
Property taxes
$11,880 / year (2025)
Price per sq ft
$94

Listing

MLS® number
C13775644
Status
For sale
Listed
September 12, 2026
Days on market
54
Last updated
September 12, 2026
Listing brokerage
DESIRE MORE REALTY INC.

Price & sale history

This property's sale history is hidden

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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 below most comparable listings — about 22% of comparable business for sale listings in Waterfront Communities are asking less.

$71KMedian $188K$552K
This home
$94 / sq ft
Comparable median
$165 / sq ft

Based on 27 comparable active business for sale listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $4,950
$4,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$520.02
Property tax (est.)
$990.00
Estimated monthly
$1,510

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
$715
Toronto municipal
$715
Total due on closing
$1,430

An estimate on the asking price of $99,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of DESIRE MORE 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.

$99,000

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