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$369,000

5 Mercer St

Toronto C01, ON M5V 1H2

5 Mercer St, Toronto C01 — Listed at $369,000 Sale Of Business. MLS® C14120114.

Possession · seller's timeline

Flexible

4,595Sq Ft
Restaurant
Sale Of Business
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Description

Downtown Toronto Entertainment District Restaurant Opportunity At The Corner Of Mercer And John Streets. Ideally Positioned Near King Street West, Theatres, Sports Venues, Hotels, Offices And Residential Towers, With A Surrounding Mix Of Dining And Nightlife That Appeals To Residents, Professionals And Visitors Alike. Approximately 4,595 Sq. Ft. With A Tasteful Interior, Beautiful Bar And A Commercial Kitchen Featuring A Large Exhaust Hood And Walk-In Fridge. A Patio On John Street Extends The Dining Experience Outdoors. Licensed For 174 Patrons Inside And 24 Outside. The Existing Restaurant Infrastructure And Prominent Downtown Setting Provide An Excellent Foundation For An Experienced Operator To Bring A New Brand And Concept To The Space.

Property Details

Property TypeSale Of Business
CommunityWaterfront Communities C1
Approximate Age31-50
Dir/Cross StJohn/Mercer
Garage TypeUnderground
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary
HSTNot Subject to HST
SecurityYes
Listed Date10/27/2026
Days on Market16 days
PossessionTBD

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation9
FranchiseNo
Chattels IncludedYes
Seating Capacity198
Full-Time Employees12
Financial StatementsAvailable
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires2/18/2027

Commercial Space & Financials

Retail Area4,595 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RE/MAX ULTIMATE REALTY INC.

MLS® #C14120114

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Waterfront Communities C1 community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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