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$49,500

650 YONGE St

Toronto C01, ON M4Y 2A6

650 YONGE St, Toronto C01Listed at $49,500 Sale Of Business. MLS® C13226110.

Move-in

Flexible

947Sq Ft
Restaurant
Sale Of Business
$33,855.24Taxes/yr · 2026

Description

Proud to present a rare opportunity to acquire a legendary dining establishment that has served as a pillar of the community for over a decade. Far more than just a restaurant, this is a high performing asset characterized by an impeccable reputation and an unrivaled location. The property is nestled within a high density corridor of luxury high rise residences, corporate offices, Wellesley Subway Station is a few steps away, Few minutes from the city's prestigious luxury retail corridor. Approx. 947Sqft on main floor plus Approx. 442Sqft storage in basement. Under 30 seats, Liquor License. Fully trained staff, well maintained commercial kitchen. Dual Investment Opportunity: Buyers have the unique option to carry on the successful legacy of the existing brand, or rebrand with a fresh new concept upon approval.

Property Details

Property TypeSale Of Business
CommunityBay Street Corridor
Dir/Cross StYonge/Wellesley
Garage TypeNone
Heating TypeBaseboard
A/CYes
Taxes (2026)$33,855.24
HSTIn Addition To
Listed Date6/2/2026
Days on Market96 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner
Hours of Operation7
FranchiseYes
Chattels IncludedYes
Seating Capacity29
Full-Time Employees6
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires12/31/2027

Commercial Space & Financials

Retail Area947 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: BAY STREET GROUP INC.

MLS® #C13226110

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 Bay Street Corridor 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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