High-exposure corner restaurant opportunity in one of Toronto's strongest retail corridors. This offering is strictly an asset sale, with no brand name or goodwill included, making it ideal for an operator looking to step into a fully built-out space and execute their own concept. Strategically positioned within a 5-minute walk of Yonge-Lawrence subway station, the property benefits from consistent pedestrian traffic, excellent visibility, and seamless connectivity to the rest of the city. The prominent corner presence provides outstanding signage exposure along Yonge Street, placing the business in front of a steady flow of both vehicular and foot traffic in a dense, affluent neighbourhood. The space is fully improved with a turnkey restaurant build-out, including a large basement commissary kitchen equipped with high-quality fixturing and chattels. The layout is highly functional and can be easily adapted to a variety of concepts, including quick service, fast casual, ghost kitchen, or catering operations, allowing an incoming operator to significantly reduce upfront capital and time to open. The existing lease runs through December 31, 2032, and includes two additional five-year renewal options, providing long-term security in a premier Yongei Street location. This is a rare opportunity to acquire a fully fixtured restaurant space without the cost, timing, and execution risk associated with a new build-out.
Address
3204 Yonge Street
List Price
$150,000
MLS® Status
New
Expiration Date
2026-09-23
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Lawrence Park North
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
1900
Occupant Type
Tenant
Cross Street
Yonge St. & Lawrence Ave. W.
MLS® Number
C12920858
Listing Brokerage
THE BEHAR GROUP REALTY INC.
Basement
Yes
Postal Code
M4N 2L2
Posession Details
TBD
Tax Amount
$17,604.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Street
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