987 Bay Street
987 Bay Street
$149,000
$119/sq ft· Bldg avg $1,135/sq ft · 7 days on market
About This Listing
Prime location featuring an established, high-income shawarma restaurant offered as a turnkey business opportunity. Situated in a high-traffic area near the University of Toronto, the property benefits from a rapidly expanding population of both residents and office professionals. This corner unit offers excellent exposure and is located within a prominent residential and retail complex. All existing chattels, equipment, and the full exhaust system are included. This space is ideally suited for a variety of culinary concepts, including Greek, Thai, Vietnamese, or Chinese cuisine. Net rent is $7,297.50 per month, plus T.M.I.
| Monthly Mortgage (P&I) | $649 |
| Property Tax (MLS) | $3 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $652 |
Down payment: $29,800 (20.0%) · Mortgage: $119,200
Property tax uses MLS annual tax of $30/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
The Britt Condos
Red Bricks Databy Lanterra Developments · 955 Bay Street
Maint. Fees
0.58
Parking
$55,000
Occupancy
2018
Listing provided by ROYAL STAR REALTY INC.
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Data last updated: August 23, 2026 at 12:25 p.m.