For SaleSale Of Business

650 YONGE Street

$49,500
40d on market
MLS# C13226110Bay Street Corridor, Toronto · M4Y 2A6
Bedrooms
Parking
None

About This Listing

Proud to present a rare opportunity to acquire a legendary dining establishment that has served as a pillar of the community for over a decade. Far more than just a restaurant, this is a high performing asset characterized by an impeccable reputation and an unrivaled location. The property is nestled within a high density corridor of luxury high rise residences, corporate offices, Wellesley Subway Station is a few steps away, Few minutes from the city's prestigious luxury retail corridor. Approx. 947Sqft on main floor plus Approx. 442Sqft storage in basement. Under 30 seats, Liquor License. Fully trained staff, well maintained commercial kitchen. Dual Investment Opportunity: Buyers have the unique option to carry on the successful legacy of the existing brand, or rebrand with a fresh new concept upon approval.

Monthly Mortgage (P&I)$216
Property Tax (MLS)$2,821
Maintenance Fees$0
Total Monthly Cost$3,037

Down payment: $9,900 (20.0%) · Mortgage: $39,600

Property tax uses MLS annual tax of $33,855/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC13226110
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking TypeNone
Property Tax$33,855.24/yr
Days on Market40
Listed2026-06-02
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetYonge/Wellesley

Listing provided by BAY STREET GROUP INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: August 23, 2026 at 04:25 a.m.