16 Yonge St

LocationWaterfront Communities C1, M5E 2A3
$164K For Sale
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Description

Popular pizza quick service restaurant (QSR) in the Harbourfront neighbourhood of Toronto,located right on Yonge Street in a dense and high-demand area. This 542 sq ft unit is compact and highly efficient, making it very easy to staff and manage while maintaining strong operational flow. The business benefits from excellent visibility and steady customer traffic,with a proven setup that supports both walk-in and delivery-focused sales. Surrounded by numerous residential towers and condos, this location is ideal for delivery and takeout, with a built-in customer base and consistent demand throughout the year. Foot traffic is strong year-round and increases significantly during the summer months with tourists and waterfront activity. The space includes limited indoor seating for 9 guests plus a 15-seat patio, offering flexibility for dine-in and outdoor service. Lease rate of $3,097 Gross Rent including TMI with 3.5 + 5 years remaining. Excellent opportunity for an owner-operator or brand looking to expand into a prime downtown Toronto location with strong fundamentals and steady traffic. Please do not go direct or speak to staff or ownership.

Features

  • Business Type
    Category: Fast Food/Takeout
  • Commercial Total Area
    Total Area: 542 sqft
  • Commercial Retail Area
    Retail Area: 542 sqft
  • Number of seats
    Seats: 24
  • Commercial Parking Types
    Parking Types: Plaza
  • Bathrooms
    Bathrooms: 1
  • Commercial Electrical Amps
    Electric Amps: 200
  • Commercial Voltage
    Electric Voltage: 600

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 3pm-10pm
  • Business Opening Days
    Opening Days: Open 5 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 2
  • Commercial Features
    Features: Public Transit, Subways
  • MLS
    C13047090
  • Listing contracted with: ROYAL LEPAGE SIGNATURE REALTY

Transit Accessibility

Union Subway Station (0.4km)
Union Go Train Station (0.4km)

Location