185 Dundas Street W
Bay Street Corridor, Toronto, M5G 1C7
$199,000
Listed 56 days ago · MLS® C13710500
About this home
Location! Location! Location! Well-Established Chinese Restaurant For Sale In Prime Downtown Toronto! Steps To Dundas/University Subway Station And Eaton Centre With Heavy Pedestrian & Food Traffic. Surrounded By Dense Residential, Office & Commercial Developments, Providing A Steady Customer Base. Fully Equipped Open Kitchen, Turn-Key Operation. Second Floor Features Ample Storage Plus Walk-In Cooler & Freezer. Great Opportunity For An Experienced Operator Or New Entrepreneur. Easily Convertible To Different Types Of Cuisine. Don't Miss This Excellent Downtown Opportunity!
Details
- Type
- Sale Of Business
- Garage
- Outside/Surface
- Property tax
- $22,244 (2026)
- Neighbourhood
- Bay Street Corridor
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
Building and exterior
- Building area
- 1,251 Square Feet
More
- Possession
- TBA
- Cross street
- Dundas/University
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 St. Patrick Subway2 min walk
- 🚇 Osgoode Subway7 min walk
- 🚆 Toronto Union Station GO1.3 km
Within a 10-minute walk: 24 grocery stores, 540 cafés and restaurants, 26 parks, 33 pharmacies. Nearest grocery: Petra Ave Market (150 m). Nearest park: Downtown Diversity Garden on Elizabeth Street (200 m).
Schools nearby
Elementary
- Orde Street Public School
EQAO: Gr 6 reading 89%, math 64%9 min walk - Cornerstone Preparatory School Private9 min walk
- Beverley School11 min walk
- Saint Michael's Choir School Catholic11 min walk
Secondary
- Contact Alternative School5 min walk
- Heydon Park Secondary School
EQAO: Gr 9 math 8%10 min walk - Subway Academy II Private11 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M5G
- Owners / renters
- 30% / 70%
- Median household income
- $67,500
- Average age
- 34
- Children under 15
- 8%
- Homes
- 0% detached, 99% high-rise
- Commute by transit
- 21%
- Population
- 9,751
Languages spoken most at home besides English: Mandarin 9.1%, Yue (Cantonese) 2.9%, Arabic 2.8%, Korean 1.6%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Yonge-Bay Corridor (2025): 247% above the Toronto average, about the same from the year before.
- Assault338% above average
- Break and enter191% above average
- Auto theft28% below average
- Robbery283% above average
- Theft from vehicles90% above average
- Shootings47% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 23 active
-
99 GERRARD ST W · 350 mSite Plan · Application Received · applied 2026Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.Application details
-
206 SIMCOE ST · 350 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…Application details
-
67 ELM ST · 250 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed 18 storey building containing 234 hotel suites and retail space.Application details
-
130 ELIZABETH ST · 100 mSite Plan · NOAC Issued · applied 2025Site Plan Approval for a 15-storey building at 604-610 Bay Street and a 43-storey building at 130 Elizabeth Street. The proposed development integrates the…Application details
-
250 DUNDAS ST W · 250 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2024Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 49 to 57-storeys, a reduction in the required…Application details
-
234 SIMCOE ST · 300 mPlan of Condominium · Draft Plan Approved · applied 2024Standard Draft Plan of Condominium for 17 non-residential units.Application details
30 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 1 km. Transit times · Driving times
Coming transit
- 🚧 Osgoode 450 m
- 🚧 Queen 650 m
- 🚧 Chinatown 1.0 km
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
No building permits at this address since 2014.
6 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
13 City street trees within 100 m, mostly kentuckies. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by BAY STREET GROUP INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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