548 Yonge Street, Toronto
1 / 9
For Sale
$189,999
0 bd · 2 ba

548 Yonge Street, Toronto M4Y 1Y8

MLS®# C13655062

Est. mortgage
$721/mo

About This Home

Property Type
Commercial, Sale Of Business
Parking
None
MLS #
C13655062
Listed on
2026-08-09
Lot size
0 x 0.0
Days on Market
94
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.

Property Details

Full Property Details

General

Business Type
Restaurant
Retail Area
1570.00 Sq Ft
Office Area
740.00 Sq Ft
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
2
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes

Exterior

Depth
0.0
Front
0.0
Lot Size
0 x 0.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Commercial

Building Description

Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
No Data

Community

Community
Bay Street Corridor

Taxes & Fees

Tax Year
2026
Occupancy
Tenant
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
Listed by BRIAN KIM, Salesperson
94 days on site
Listing Broker
RE/MAX EXCEL REALTY LTD.
Courtesy
RE/MAX EXCEL REALTY LTD.
Listed Date
8/9/2026

Courtesy of PropTx MLS® / RE/MAX EXCEL REALTY LTD.

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