464 Sherbourne ST, Toronto C08, ON M4X 1K2
464 Sherbourne ST, Toronto C08, ON M4X 1K2
464 Sherbourne ST, Toronto C08, ON M4X 1K2
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$149,000
Est. payment /mo
2 Baths
1,344 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $110

Municipality Toronto C08

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C13725626

Tax Year 2026

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Zoning Commercial

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Recreation/Community Centre, Subways

Utilities Available Available

Building

Building Age 51-99

Lot Description Unit

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Lited by GET HOME REALTY INC.
Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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464 Sherbourne ST

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