548 YONGE STREET

548 YONGE STREET

Toronto (Bay Street Corridor), Ontario M4Y1Y8
Offered at $189,999
2Bathrooms
The Residence

Business in Toronto (Bay Street Corridor)

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Rare opportunity to acquire a turnkey licensed Japanese restaurant on one of Toronto's busiest retail corridors, steps to Wellesley Station. Approximately 2,310 sf across ground floor, mezzanine and basement in a high-exposure storefront with established signage. Well-run operation with a loyal customer base and strong, growing sales - approaching seven figures annually. Fully built and equipped commercial kitchen with hood and ecologizer system. All chattels, fixtures and equipment owned outright and included; no rental or leased equipment to assume. LLBO in place. Established franchise with franchisor consent to a transfer already obtained. New five-year lease starting in 2027 already in place direct with the landlord, with base rent stepping down at the start of the new term - a meaningful reduction in occupancy cost for an incoming owner. Landlord open to considering a change of use to other retail concepts and a sublease of the mezzanine.

MLS® NumberC13655062
Price$189,999
Property TypeBusiness
Bathrooms2
ZoningCommercial
Days on Market97
The Gallery

Interiors & Grounds

Features & Amenities

Every Detail, Considered

Interior & Systems

HeatingForced air, Natural gas
CoolingFully air conditioned
Map & Location
Address548 YONGE STREET
CityToronto (Bay Street Corridor)
ProvinceOntario
Postal CodeM4Y1Y8
CountryCanada
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Affordability

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