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464 Sherbourne Street, Toronto, ON M4X 1K2

Toronto C08, ON, M4X 1K2 · Cabbagetown-South St. James Town

2 Baths
Sq Ft
Sale Of Business Type
C13611406 MLS#

About this property

RESTAURANT BUSINESS FOR SALE | PRIME DOWNTOWN TORONTO LOCATION | APPROX. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-SEAT CAPACITY | MONTHLY RENT $5,537 INCLUDING HST & TMI | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed
  • Sewer: Sanitary

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Bathrooms 2
Garage None
Heat Type Gas Forced Air Closed
Cooling Yes
Sewer Sanitary
Tax Year 2026

Building & Construction

Approximate Age
51-99
Building Area Total
1344

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes
Cooling
Yes
Heating
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
84.01
Lot Width
16.00

Community & Neighborhood

Community Features
Recreation/Community Centre, Subways

Financial & Tax

Tax Year
2026
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Sewer
Sanitary
Water Source
Lake/River
Utilities
Available

Room Details

Rooms Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Sherbourne St & Wellesley
Directions
Sherbourne St & Wellesley
Showing Requirements
Go Direct

Location

464 Sherbourne Street, Toronto, ON M4X 1K2, Toronto C08, ON, M4X 1K2

Listing courtesy of GET HOME REALTY INC.
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