5 Mercer Street, Toronto, ON M5V 1H2
Waterfront Communities, Toronto · Near John/Mercer · View map
About this home
Downtown Toronto Entertainment District Restaurant Opportunity At The Corner Of Mercer And John Streets. Ideally Positioned Near King Street West, Theatres, Sports Venues, Hotels, Offices And Residential Towers, With A Surrounding Mix Of Dining And Nightlife That Appeals To Residents, Professionals And Visitors Alike. Approximately 4,595 Sq. Ft. With A Tasteful Interior, Beautiful Bar And A Commercial Kitchen Featuring A Large Exhaust Hood And Walk-In Fridge. A Patio On John Street Extends The Dining Experience Outdoors. Licensed For 174 Patrons Inside And 24 Outside. The Existing Restaurant Infrastructure And Prominent Downtown Setting Provide An Excellent Foundation For An Experienced Operator To Bring A New Brand And Concept To The Space.
The home
- Type
- Sale of business
- Square footage
- 4595 sq ft
- Approximate age
- 31-50 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
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- John/Mercer
- Neighbourhood
- Waterfront Communities
More
- MLS® number
- C14120114
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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.
5 Mercer Street, Toronto, ON M5V 1H2
Waterfront Communities, Toronto · Near John/Mercer
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Listing history for 5 Mercer 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 5 Mercer Street
Answers come straight from this home’s MLS® listing.
How much is 5 Mercer Street listed for, and what would it cost each month?
5 Mercer Street is listed for $369,000. With 20% down ($73,800), the mortgage payment would be roughly $1,488 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,719 a month, all in. That figure is an illustration, not a quote.
Is 5 Mercer Street freehold or a condo, and is there a monthly fee?
5 Mercer Street 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 5 Mercer 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 5 Mercer Street?
5 Mercer Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 5 Mercer Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 5 Mercer Street?
5 Mercer Street is in the Waterfront Communities community of Toronto. The nearest main intersection is John/Mercer. The postal code is M5V 1H2.
Is 5 Mercer Street still for sale?
Yes. It is an active listing (MLS® C14120114). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5 Mercer Street asking?
Similar properties for sale nearby right now include Ground - 327 - 333 Queen Street W at $350,000, 225 King Street W at $395,000 and 4 - 410 Adelaide Street W at $399,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5 Mercer 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 5 Mercer 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 Waterfront Communities, picked by style, size and price.
Sale of business$350,000Ground - 327 - 333 Queen Street W, TorontoWaterfront CommunitiesCourtesy of: BAY STREET INTEGRITY REALTY INC.View home →
Sale of business$395,000225 King Street W, TorontoWaterfront CommunitiesCourtesy of: RC BEST CHOICE REALTY CORPView home →
Sale of business$399,0004 - 410 Adelaide Street W, TorontoWaterfront CommunitiesCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: RE/MAX ULTIMATE REALTY INC.
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.