Skip to content
1 / 3
For saleMLS® W13883216

5487 Dundas Street W 1, Toronto, ON M9B 1B5

Islington-City Centre West · W08 · M9B 1B5

$135,000

$180 / sq ft

3 weeks on market

Total area
750 sf
0

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

LONZO'S is a well-established Profitable Franchise Restaurant business for sale, ideally located in a high-traffic area at the corner of Dundas Street and Shorncliffe Road. The business benefits from excellent visibility and steady customer flow, with close proximity to the subway and numerous condominium buildings. The restaurant generated approximately $500,000 in sales in 2025 and achieved a net profit of approximately $90,000. The operation is currently supported by four employees, and a long-term lease is in place, offering stability and peace of mind for a new owner. This is an excellent opportunity for a family-run business, an owner-operator, or an investor looking to enter or expand within the restaurant industry. Financial figures are provided by the seller and should be independently verified by prospective buyers.

Property details

Property

Property type
business
Interior size
750 sq ft
Zoning
Commercial
Possession
Immediately

Interior

Heating
Gas Forced Air Closed
Cooling
No

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$135,000
Price per sq ft
$180

Listing

MLS® number
W13883216
Status
For sale
Listed
October 9, 2026
Days on market
26
Last updated
October 9, 2026
Listing brokerage
PONTIS 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 below most comparable listings — about 13% of comparable business for sale listings in Islington-City Centre West are asking less.

$128KMedian $199K$1.12M

Based on 15 comparable active business for sale listings in Islington-City Centre West. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $6,750
$6,750
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$709.12
Estimated monthly
$709

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
$1,075
Toronto municipal
$1,075
Total due on closing
$2,150

An estimate on the asking price of $135,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of PONTIS 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.

$135,000

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.

Similar properties nearby