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For saleMLS® E12644444

128 O'Connor Drive, Toronto, ON M4J 2S4

East York · E03 · M4J 2S4

$129,000

$65 / sq ft

10 months on market

Total area
2,000 sf
0

What's special

  • Outside/surface garage
  • Yes

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About this property

Excellent opportunity to purchase an established, free-standing restaurant located on a prime intersection in East York. Fully-equipped restaurant with L.L.B.O. for 48 seats + 46 seat enclosed patio, complete grill kitchen with 3 exhaust hoods all built to code (1-20 ft, 1-6ft, & 1 5 ft hood), steam tables, counter fridges, 2 walk-in coolers, 1 walk-in freezer, glass washer, & dishwasher. All equipment owned. Includes separate BBQ cooking room for large rotisserie spit for grilling all kinds of meats. 13 parking spaces for customers. Lease 3 years + 5 + 5 + 5 years options to renew. Rent $15,100/Month includes T.M.I. & H.S.T. Note: Staff willing to stay. Brand name and goodwill NOT included. If buyer wants brand name, then price is $1.4M and includes catering unit next door for storage & prep, food truck, & delivery van - mostly take-out & catering business. Please do not talk to staff/customers - please visit with appointment only.

Property details

Property

Property type
business
Interior size
2,000 sq ft
Zoning
Commercial
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$129,000
Price per sq ft
$65

Listing

MLS® number
E12644444
Status
For sale
Listed
December 20, 2025
Days on market
320
Last updated
August 29, 2026
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Price & sale history

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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 in line with comparable listings — about 41% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K
This home
$65 / 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 $6,450
$6,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$677.60
Estimated monthly
$678

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
$1,015
Toronto municipal
$1,015
Total due on closing
$2,030

An estimate on the asking price of $129,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/BAYVIEW 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.

$129,000

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