For saleMLS® C12916294

394 Richmond Street W, Toronto, ON M5V 1X6

Waterfront Communities, Toronto · Near Richmond/Spadina · View map

$99,888
780Sq ft
Sale of businessType
NoneParking
$3,216/yrTaxes
$99,888
FreeholdNo monthly condo fee
Lot 18 x 40 ftThe land comes with the home

About this home

This Fantastic Turkey Cafe/Bakery Opportunity Features A Beautifully Renovated And Thoughtfully Design Space With A Warm, Inviting Atmosphere That's Perfect For Welcoming Customers. Fully Equipped With All Essentials Baking Equipment And Tools, The Business Is Ready For Immediate Operation. Ideally Situated In A High-traffic Area With Excellent Visibility And Steady Foot Traffic, It Is Surrounded By Schools, Offices, Retail Shops, Residential Communities And Has A Convenient Access To Public Transit. The Location Benefits, From An Established Customer Base, Including Loyal Regulars And Consistent Walk-in Traffic Along With Large Delivery Service Area. The Unit Also Includes A Washroom And A Generous Stockroom Offering Both Both Functionality And Convenience For Daily Operations. This Offering Includes The Chattels And Fixtures Within The Leased Premises Only, Making It An Incredible Opportunity To Establish Or Expand Your Café Or Bakery Business In A Thriving Location.

The home

Type
Sale of business
Square footage
780 sq ft
Lot size
18 x 40 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$3,216/yr
Tax year
2025
Occupancy
Owner
Possession
TBA
Cross street
Richmond/Spadina
Neighbourhood
Waterfront Communities

More

MLS® number
C12916294

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$671per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    394 Richmond Street, Toronto, ON M5V 1X6

    Waterfront Communities, Toronto · Near Richmond/Spadina

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    Sold history

    Listing history for 394 Richmond Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 394 Richmond Street W

    Answers come straight from this home’s MLS® listing.

    How much is 394 Richmond Street W listed for, and what would it cost each month?

    394 Richmond Street W is listed for $99,888. With 20% down ($19,978), the mortgage payment would be roughly $403 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $671 a month, all in. That figure is an illustration, not a quote.

    Is 394 Richmond Street W freehold or a condo, and is there a monthly fee?

    394 Richmond Street W is a sale of business in Waterfront Communities, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 394 Richmond Street W have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 394 Richmond Street W?

    394 Richmond Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 394 Richmond Street W, and what is the lot size?

    The lot is listed as 18 x 40 ft.

    How is 394 Richmond Street W heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 394 Richmond Street W?

    Property taxes are $3,216 a year (2025), or about $268 a month.

    Where is 394 Richmond Street W?

    394 Richmond Street W is in the Waterfront Communities community of Toronto. The nearest main intersection is Richmond/Spadina. The postal code is M5V 1X6.

    Is 394 Richmond Street W still for sale?

    Yes. It is an active listing (MLS® C12916294). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 394 Richmond Street W asking?

    Similar properties for sale nearby right now include 12 - 550 Queens Quay W at $99,000, 507 Queen Street W at $95,000 and 1A - 222 The Esplanade at $89,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 394 Richmond Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 394 Richmond Street W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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