Proudly Canadian
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 1 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 2 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 3 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 4 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 5 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 6 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 7 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 8 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 9 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 10 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 11 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 12 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 13 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 14 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 15 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 16 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 17 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 18 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 19 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 20 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 21 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 22 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 23 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 24 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 25 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 26 of 27
Sale Of Business for sale at 987 Bay Street, Toronto C01 - Photo 27 of 27
1 / 2724 locked
View on map
Active

$149,000

987 Bay St

Toronto C01, ON M5S 3C4

987 Bay St, Toronto C01Listed at $149,000 Sale Of Business. MLS® C13638908.

Possession · seller's timeline

Flexible ; 30/60/90

100Sq Ft
Restaurant
Sale Of Business
$30Taxes/yr · 2025

Description

Prime location featuring an established, high-income shawarma restaurant offered as a turnkey business opportunity. Situated in a high-traffic area near the University of Toronto, the property benefits from a rapidly expanding population of both residents and office professionals. This corner unit offers excellent exposure and is located within a prominent residential and retail complex. All existing chattels, equipment, and the full exhaust system are included. This space is ideally suited for a variety of culinary concepts, including Greek, Thai, Vietnamese, or Chinese cuisine. Net rent is $7,297.50 per month, plus T.M.I.

Property Details

Property TypeSale Of Business
CommunityBay Street Corridor
Dir/Cross StBay and Wellesley
Garage TypeUnderground
Heating TypeElectric Forced Air
A/CYes
SewersSanitary+Storm
Taxes (2025)$30
HSTNot Subject to HST
Listed Date8/5/2026
Days on Market47 days
PossessionFlexible ; 30/60/90

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of OperationMon-Wed: 10am-2pm. Thurs - Sat: 10am - 3am. Sun: 10am - 2pm
FranchiseNo
Chattels IncludedYes
Seating Capacity20
Full-Time Employees2
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeImmediate
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area100 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL STAR REALTY INC.

MLS® #C13638908

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.

Thinking about living in Toronto?

Explore the neighbourhood guide for Toronto — market trends, popular areas, buyer tips, and more.

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
View full Toronto neighbourhood guide →