




2 Baths
C$189,999
548 Yonge Street, Toronto, Toronto C01 ON, M4Y 1Y8
Property typeCommercial
Overview
Active
Price Change
Listed Aug 9, 2026
Updated 6 days ago
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.
Additional information
- MLS® ID
- C13655062
Interior Features
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Courtesy of Listed by , RE/MAX EXCEL REALTY LTD.,
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Data last updated 3:12 AM UTC, 10/25/2026