For saleMLS® C13874920

CN16 - 5650 Yonge Street, Toronto, ON M2M 4G3

Newtonbrook West, Toronto · Near Yonge/Finch · View map

$339,000
1151Sq ft
Sale of businessType
UndergroundGarage
NoneParking
$8,356/yrTaxes
$339,000
FreeholdNo monthly condo fee
Underground parkingFrom the listing

About this home

Incredible turnkey opportunity to own a highly successful, high-volume Thai Express franchise in the heart of North York's primary business and residential hub. Proudly operating for more than 12 years by the original franchisee, this business offers an incredibly rare level of stability, proven historical performance, and deep-rooted local goodwill. Strategically situated in the bustling underground concourse food court, this business benefits from a massive, captive audience of thousands of corporate employees working directly upstairs, including major anchor tenants like Questrade, multiple Ontario Public Service (OPS)/Ministry offices, and various offices. Foot traffic is projected to grow even further with many more tenants coming into the building shortly, including a walk-in medical clinic.The North American Centre offers a premium workplace experience in the heart of North York, combining transit connectivity with best-in-class amenities. This unbeatable location is directly connected to Finch Subway Station, with GO Transit, TTC, and York Region Transit, capturing an endless, year round stream of daily commuters, students, and local corporate professionals.While currently operating on a highly desirable Monday to Friday schedule (10 AM - 8 PM), an ambitious new owner has immediate room to improve and scale business revenues by opening on weekends and potentially adding another complementary MTY Group brand to the space. Smooth transition assured with comprehensive franchise training and ongoing corporate support. Do not miss this high-traffic gem in Toronto's premier transit and corporate corridors!

The home

Type
Sale of business
Square footage
1151 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Underground
Total parking
None

Taxes & other

Property taxes
$8,356/yr
Tax year
2026
Occupancy
Tenant
Possession
TBD after Franchisor and Landlord approvals
Cross street
Yonge/Finch
Neighbourhood
Newtonbrook West

More

MLS® number
C13874920

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,064per 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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    5650 Yonge Street, Toronto, ON M2M 4G3

    Newtonbrook West, Toronto · Near Yonge/Finch

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    Sold history

    Listing history for 5650 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 CN16 - 5650 Yonge Street

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

    How much is CN16 - 5650 Yonge Street listed for, and what would it cost each month?

    CN16 - 5650 Yonge Street is listed for $339,000. With 20% down ($67,800), the mortgage payment would be roughly $1,367 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,064 a month, all in. That figure is an illustration, not a quote.

    Is CN16 - 5650 Yonge Street freehold or a condo, and is there a monthly fee?

    CN16 - 5650 Yonge Street is a sale of business in Newtonbrook West, 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 CN16 - 5650 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 CN16 - 5650 Yonge Street?

    CN16 - 5650 Yonge Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is CN16 - 5650 Yonge Street heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for CN16 - 5650 Yonge Street?

    Property taxes are $8,356 a year (2026), or about $696 a month.

    Where is CN16 - 5650 Yonge Street?

    CN16 - 5650 Yonge Street is in the Newtonbrook West community of Toronto. The nearest main intersection is Yonge/Finch. The postal code is M2M 4G3.

    Is CN16 - 5650 Yonge Street still for sale?

    Yes. It is an active listing (MLS® C13874920). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near CN16 - 5650 Yonge Street asking?

    Similar properties for sale nearby right now include H023 - 220 yonge Street at $339,000, 567 Yonge Street at $349,000 and 2001 Yonge Street at $359,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5650 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 CN16 - 5650 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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