Details for 548 Yonge Street, Toronto (Bay Street Corridor), ON M4Y 1Y8

Rare opportunity to acquire a turnkey licensed Japanese restaurant on one of Toronto's busiest retail corridors, steps to Wellesley Station. Approximately 2,310 sf across ground floor, mezzanine and basement in a high-exposure storefront with established signage. Well-run operation with a loyal customer base and strong, growing sales - approaching seven figures annually. Fully built and equipped commercial kitchen with hood and ecologizer system. All chattels, fixtures and equipment owned outright and included; no rental or leased equipment to assume. LLBO in place. Established franchise with franchisor consent to a transfer already obtained. New five-year lease starting in 2027 already in place direct with the landlord, with base rent stepping down at the start of the new term - a meaningful reduction in occupancy cost for an incoming owner. Landlord open to considering a change of use to other retail concepts and a sublease of the mezzanine. (id:50967)

QUICK OVERVIEW

Forced Air, Natural Gas
63 days on website

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Brian Kim

Listing Office REMAX Excel Alliance Realty, 9054754750

Updated Tuesday, August 18, 2026 at 6:54:04 PM

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