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987 Bay Street

Bay Street Corridor / Toronto C01, ON M5S 3C4

ActiveFor Sale
0 Beds
0 Baths
1,251 Sq Ft
Commercial

About This Property

Prime location featuring an established, high-income shawarma restaurant offered as a turnkey business opportunity. Situated in a high-traffic area near the University of Toronto, the property benefits from a rapidly expanding population of both residents and office professionals. This corner unit offers excellent exposure and is located within a prominent residential and retail complex. All existing chattels, equipment, and the full exhaust system are included. This space is ideally suited for a variety of culinary concepts, including Greek, Thai, Vietnamese, or Chinese cuisine. Net rent is $7,297.50 per month, plus T.M.I.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,251 sq ft
Bedrooms0
Bathrooms0
Postal CodeM5S 3C4
Last UpdatedSep 13, 2026 · 9:11 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C13638908

Listed by ROYAL STAR REALTY INC.

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$149,000

asking price

MLS®C13638908
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$728

/month · $119,200 mortgage

Down Payment20% — $29,800
Interest Rate5.5%

Amortization

Total Interest

$99,076

Total Cost

$218,276

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL STAR REALTY INC.