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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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548 Yonge Street Toronto C01
For SalePrice DropBay-Cloverhill

548 Yonge Street Toronto C01, Sale Of Business for Sale

MLS® C13655062

Bay-Cloverhill, Toronto, ON

90 days on market
$189,999
Previously $299,000
Show on Map
Show on Map
N/ABeds
2Baths
N/ASqft
N/AParking
Sale Of Business

Overview· 548 Yonge Street Toronto

MLS® #C13655062

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.

Inclusions

All chattels and equipment are included

Broker

RE/MAX EXCEL REALTY LTD.

Neighbourhood

Bay-Cloverhill

Walk 99Avg $899KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®95Rider's ParadiseRider's Paradise
Bike Score®96Biker's ParadiseBiker's Paradise
Schools9836 schools within 1.5 km · nearest 188 m36 schools within 1.5 km · nearest 188 m
Parks624 parks within 1 km · nearest 367 m4 parks within 1 km · nearest 367 m
Convenience8850 groceries, cafes and pharmacies within 1 km · nearest 22 m50 groceries, cafes and pharmacies within 1 km · nearest 22 m
Safety43Safer than 43% of Toronto neighbourhoods (2025)Bay-Cloverhill: 1,449 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 548 Yonge Street Toronto

Source: MLS® listing data
548 Yonge Street Toronto

Sale Of Business

548 Yonge Street Toronto

Bay-Cloverhill

Type

Sale Of Business

Parking

None

Property Tax

~$0/yr

Heating

Gas Forced Air Open

Buying Essentials

Parking

None

Finances

List Price

$189,999

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Bay-Cloverhill

Listed On

Aug 9, 2026

Price & Listing History

Days on Market

Current: 90 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$764/mo
Total Monthly$764

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0