For saleMLS® C13226110

650 YONGE Street, Toronto, ON M4Y 2A6

Bay Street Corridor, Toronto · Near Yonge/Wellesley · View map

$49,500
Sale of businessType
NoneParking
$33,855/yrTaxes
$49,500
FreeholdNo monthly condo fee

About this home

Proud to present a rare opportunity to acquire a legendary dining establishment that has served as a pillar of the community for over a decade. Far more than just a restaurant, this is a high performing asset characterized by an impeccable reputation and an unrivaled location. The property is nestled within a high density corridor of luxury high rise residences, corporate offices, Wellesley Subway Station is a few steps away, Few minutes from the city's prestigious luxury retail corridor. Approx. 947Sqft on main floor plus Approx. 442Sqft storage in basement. Under 30 seats, Liquor License. Fully trained staff, well maintained commercial kitchen. Dual Investment Opportunity: Buyers have the unique option to carry on the successful legacy of the existing brand, or rebrand with a fresh new concept upon approval.

The home

Type
Sale of business

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Baseboard
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$33,855/yr
Tax year
2026
Occupancy
Owner
Possession
TBA
Cross street
Yonge/Wellesley
Neighbourhood
Bay Street Corridor

More

MLS® number
C13226110

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Want to know something that isn’t listed?
Estimated monthly cost$3,021per 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    650 YONGE Street, Toronto, ON M4Y 2A6

    Bay Street Corridor, Toronto · Near Yonge/Wellesley

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    Sold history

    Listing history for 650 YONGE 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 650 YONGE Street

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

    How much is 650 YONGE Street listed for, and what would it cost each month?

    650 YONGE Street is listed for $49,500. With 20% down ($9,900), the mortgage payment would be roughly $200 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,021 a month, all in. That figure is an illustration, not a quote.

    Is 650 YONGE Street freehold or a condo, and is there a monthly fee?

    650 YONGE Street is a sale of business 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 650 YONGE Street 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 650 YONGE Street?

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

    How is 650 YONGE Street heated and cooled?

    Heating is baseboard. Cooling is yes.

    What are the property taxes for 650 YONGE Street?

    Property taxes are $33,855 a year (2026), or about $2,821 a month.

    Where is 650 YONGE Street?

    650 YONGE Street is in the Bay Street Corridor community of Toronto. The nearest main intersection is Yonge/Wellesley. The postal code is M4Y 2A6.

    Is 650 YONGE Street still for sale?

    Yes. It is an active listing (MLS® C13226110). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 650 YONGE Street asking?

    Similar properties for sale nearby right now include 207 - 5635 YONGE Street at $50,000, M5 - 444 Yonge Street at $59,000 and 101 - 6349 Yonge Street at $36,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 650 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 650 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.

    *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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