49 - 384 Yonge Street, Toronto, ON M5B 1S8
Bay Street Corridor, Toronto · Near Yonge/College · View map
About this home
Excellent opportunity to lease a commercial food court / take-out eating establishment unit. Gross area approximately 749 sq ft, including dining area, with approximately 219 sq ft net kitchen area. Zoning permits commercial food court and take-out restaurant use. Unit features 10 ft ceilings and power supply of 60A, 120V/208V, 3-phase. Water is not separately metered; electrical is separately metered.Base rent is $3,500/month plus TMI. Tenant responsible for TMI including property taxes ($524.83/month) and maintenance/common expenses ($1,720.36/month).Existing improvements include sinks and kitchen exhaust system installed. Plumbing, electrical, and gas lines to be installed and made ready for restaurant use. Fryers, flat grills, ranges, work tables, shelving, refrigeration/freezer equipment, and other restaurant appliances are not included and to be supplied by tenant.Preferred lease term is 3 or 5 years. Security deposit equal to 3 months' rent. Rent escalation negotiable. No known restrictions.
The home
- Type
- Commercial retail
- Square footage
- 723 sq ft
- Approximate age
- 6-15 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Property taxes
- $6,298/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- FLEX
- Cross street
- Yonge/College
- Neighbourhood
- Bay Street Corridor
More
- MLS® number
- C13166086
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
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.
384 Yonge Street, Toronto, ON M5B 1S8
Bay Street Corridor, Toronto · Near Yonge/College
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Listing history for 384 Yonge Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 49 - 384 Yonge Street
Answers come straight from this home’s MLS® listing.
How much is 49 - 384 Yonge Street listed for, and what would it cost each month?
49 - 384 Yonge Street is listed for $3,500. With 20% down ($700), the mortgage payment would be roughly $14 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $539 a month, all in. That figure is an illustration, not a quote.
Is 49 - 384 Yonge Street freehold or a condo, and is there a monthly fee?
49 - 384 Yonge Street is a commercial retail in Bay Street Corridor, 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 49 - 384 Yonge Street have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
What style of home is 49 - 384 Yonge Street?
49 - 384 Yonge Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 49 - 384 Yonge Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 49 - 384 Yonge Street?
Property taxes are $6,298 a year (2026), or about $525 a month.
Where is 49 - 384 Yonge Street?
49 - 384 Yonge Street is in the Bay Street Corridor community of Toronto. The nearest main intersection is Yonge/College. The postal code is M5B 1S8.
Is 49 - 384 Yonge Street still for sale?
Yes. It is an active listing (MLS® C13166086). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 49 - 384 Yonge Street asking?
Similar properties for sale nearby right now include 92 - 384 Yonge Street at $69,000, 4 - 384 Yonge Street at $75,000 and 52 - 384 Yonge Street at $79,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 384 Yonge 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 49 - 384 Yonge Street?
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.
Similar properties nearby
More properties for sale near Bay Street Corridor, picked by style, size and price.
Commercial retail$69,00092 - 384 Yonge Street, TorontoBay Street CorridorCourtesy of: JDL REALTY INC.View home →
Commercial retail$75,0004 - 384 Yonge Street, TorontoBay Street CorridorCourtesy of: TRUSTED REALTY SOURCE INC.View home →
Sale of business$79,00052 - 384 Yonge Street, TorontoBay Street CorridorCourtesy of: CENTERPOINT REALTY INC.View home →Courtesy of: RE/MAX HALLMARK REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.