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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.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:12 AM UTC, 10/25/2026

 

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