Space
Finished area and layout
- Building Area
- 1,344 sqft
- Rooms
- 0
- Bathrooms
- 2
+20 more
2
Bathrooms
1,344 sqft
Building Area
16.00 x 84.01 Feet
Lot
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- sale of business / Mixed Use
Lot
Land, frontage and setting
- Lot
About This Property
This 2-bathroom sale of business in Toronto offers 1,344 sqft of building area on a 16.00 x 84.01 Feet lot. The property has zoned Commercial. The home features yes.
MLS Remarks
RESTAURANT BUSINESS FOR SALE | PRIME DOWNTOWN TORONTO LOCATION | APPROX. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-SEAT CAPACITY | MONTHLY RENT $5,537 INCLUDING HST & TMI | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.
Full Listing Details
Address464 Sherbourne Street, Toronto, ON M4X 1K2
MLS#C13725626
Listing StatusNew
Property TypeCommercial
Sub-TypeSale of business
TransactionSale
List DateAug 29, 2026
Days on Market57
Possession DetailsTBD
StyleMixed Use
Bathrooms2
Total Rooms0
CityToronto
ProvinceOn
Postal CodeM4X 1K2
MLS AreaC08
MLS Sub-AreaToronto C08
Lot Dimensions16.00 x 84.01 Feet
ZoningCommercial
CoolingYes
SecurityNo
UtilitiesAvailable
SewerSanitary
Water SourceLake/River
Business TypeRestaurant
Sherbourne St & Wellesley
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