464 Sherbourne Street
Cabbagetown-South St. James Town
Toronto
M4X 1K2
$149,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C13725626
- Bus Major:
- Restaurant
- Photos (25)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 1344 sq. ft. Square Feet
- Total Area:
- 1,344 sq. ft.125 m2
- Retail Area:
- 1344 sq. ft. Sq Ft
- Lot Depth:
- 84'⅛"25.6 m
- Lot Frontage:
- 16'4.88 m
- Lot Details:
- 16.00 x 84.01 Feet
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Rooms:
- 0
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Closed
- Cooling:
- Yes
- Clear Height:
- 9'2.74 m
- Garage:
- None
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- N/A
- Taxes:
- $0 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C08
- Cabbagetown-South St. James Town
- Recreation/Community Centre, Subways
- No
- None
- UFFI:
- No
- Water Supply Types:
- Lake/River
- Utilities:
- Available
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- Monday 12 - 11 p.m. Tuesday Closed. Wednesday 12 - 11 p.m. Thursday 12 - 11 p.m. Friday 12 - 11 p.m. Saturday 12 - 11 p.m. Sunday 12:30 a.m. - 11 p.m.
- Employees:
- 7
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 40
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Listed by GET HOME REALTY INC.
Data was last updated August 30, 2026 at 06:15 AM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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