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For saleMLS® C13874920

5650 Yonge Street CN16, Toronto, ON M2M 4G3

Newtonbrook West · C07 · M2M 4G3

$339,000

$295 / sq ft

4 weeks on market

Total area
1,151 sf
0

What's special

  • Underground parking
  • Yes

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About this property

Incredible turnkey opportunity to own a highly successful, high-volume Thai Express franchise in the heart of North York's primary business and residential hub. Proudly operating for more than 12 years by the original franchisee, this business offers an incredibly rare level of stability, proven historical performance, and deep-rooted local goodwill. Strategically situated in the bustling underground concourse food court, this business benefits from a massive, captive audience of thousands of corporate employees working directly upstairs, including major anchor tenants like Questrade, multiple Ontario Public Service (OPS)/Ministry offices, and various offices. Foot traffic is projected to grow even further with many more tenants coming into the building shortly, including a walk-in medical clinic.The North American Centre offers a premium workplace experience in the heart of North York, combining transit connectivity with best-in-class amenities. This unbeatable location is directly connected to Finch Subway Station, with GO Transit, TTC, and York Region Transit, capturing an endless, year round stream of daily commuters, students, and local corporate professionals.While currently operating on a highly desirable Monday to Friday schedule (10 AM - 8 PM), an ambitious new owner has immediate room to improve and scale business revenues by opening on weekends and potentially adding another complementary MTY Group brand to the space. Smooth transition assured with comprehensive franchise training and ongoing corporate support. Do not miss this high-traffic gem in Toronto's premier transit and corporate corridors!

Property details

Property

Property type
business
Interior size
1,151 sq ft
Zoning
Restaurant
Possession
TBD after Franchisor and Landlord approvals

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Underground

Costs

List price
$339,000
Property taxes
$8,356 / year (2026)
Price per sq ft
$295

Listing

MLS® number
C13874920
Status
For sale
Listed
October 8, 2026
Days on market
28
Last updated
October 16, 2026
Listing brokerage
CITYLITE 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 above most comparable listings — about 83% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K
This home
$295 / 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 $16,950
$16,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,780.67
Property tax (est.)
$696.36
Estimated monthly
$2,477

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
$3,560
Toronto municipal
$3,560
Total due on closing
$7,120

An estimate on the asking price of $339,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CITYLITE 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.

$339,000

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