Salehian.com 647-325-5000

263 King Street E

Moss Park, Toronto, M5A 0E9

$75,000

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Listed 145 days ago · MLS® C13206450

About this home

Client RemarksLocation! Location! Location! Profitable food service business for sale in a prime Downtown Toronto corridor at King Street East & Shelbourne Street. Approximately 700 sq. ft., this street-level space offers strong visibility, large storefront windows, and continuous exposure to high volumes of pedestrian and vehicle traffic. The location is surrounded by a dense mix of office buildings, residential towers, hotels, and a nearby post-secondary institution, creating reliable customer demand throughout the day and evening. This makes the business well suited for both investors and hands-on owner-operators seeking stable cash flow. The operation is fully equipped with a 6-foot commercial hood, fryer, flat-top, and grill, allowing for immediate operation with minimal additional investment. Favorable lease terms are in place, and the seller is open to providing training for a smooth transition. Generate income from the existing menu setup or rebrand and introduce your own concept. The layout and zoning also support extended hours, offering upside potential through late-night service and increased foot traffic. An excellent opportunity for buyers looking to acquire a turnkey, revenue-generating business in a high-demand downtown location.

Details

Type
Sale Of Business
Garage
Street
Neighbourhood
Moss Park
Municipality
Toronto C08

Heating, cooling and services

Heating
Electric Forced Air
Air conditioning
Yes
Water and sewer
Sanitary Available
Utilities
Available

Building and exterior

Building area
700 Square Feet

More

Possession
Immediately
Cross street
King/Sherbourne
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

  • 🚇 King Subway13 min walk
  • 🚇 Queen Subway15 min walk
  • 🚆 Toronto Union Station GO1.3 km

Within a 10-minute walk: 13 grocery stores, 199 cafés and restaurants, 25 parks, 16 pharmacies. Nearest grocery: Rabba (100 m). Nearest park: Time and Space Courtyard (200 m).

Schools nearby

Elementary

  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    4 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    6 min walk
  • Downtown Alternative School7 min walk
  • St. Paul Catholic School Catholic
    EQAO: Gr 6 reading 87%, math 50%    11 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    12 min walk
  • Collège français French1.5 km

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 M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

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 Moss Park (2025): 119% above the Toronto average, about the same from the year before.

  • Assault190% above average
  • Break and enter85% above average
  • Auto theft64% below average
  • Robbery112% above average
  • Theft from vehicles30% above average
  • Shootings58% below 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 25 active

  • 231 RICHMOND ST E · 300 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 281 FRONT ST E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Application to permit two residential towers (54 and 50 storeys) with 1,065 dwelling units and 643 square metres of retail space on the ground floor.
    Application details
  • 298 KING ST E · 250 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 42-storey (139.90 metres including mechanical penthouse) mixed-use building with 1,188 square metres of commercial uses at grade…
    Application details
  • 529 RICHMOND ST E · 400 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 46 storey (156.3 metres including mechanical penthouse) mixed-use building with 419 dwelling units and 328 square metres of…
    Application details
  • 69 ONTARIO ST · 300 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
    Application details
  • 102 BERKELEY ST · 300 m
    Site Plan · Under Review · applied 2023
    Proposed 35-storey (119.45 metres including the mechanical penthouse) mixed-use building containing 120 square metres of ground level retail uses and 257…
    Application details

32 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

  • 🚧 Distillery District 350 m
  • 🚧 Moss Park 450 m
  • 🚧 Queen 950 m

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.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

8 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

62 City street trees within 100 m, mostly honeys. That’s more 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 HOME CHOICE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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