335 Yonge Street 5
Church-Yonge Corridor, Toronto, M5B 1C1
$49,500
Listed 252 days ago · MLS® C12777676
About this home
Business for Sale - Prime Downtown Toronto Location. Excellent opportunity to own Pan's Pancake, a well-established food business located inside the busy World Food Market, in the heart of Downtown Toronto. The business generates, good yearly sales, offers a decent lease rate, and delivers strong profit margins. This turnkey operation also provides the flexibility to continue with the existing brand or change the concept, subject to landlord approval. Surrounded by offices, tourists, and dense residential population, the location benefits from constant foot traffic. Ideal for owner-operators or investors looking for a profitable business in a prime downtown location.
Details
- Type
- Sale Of Business
- Garage
- None
- Neighbourhood
- Church-Yonge Corridor
- Municipality
- Toronto C08
Building and exterior
- Building area
- 86 Square Feet
More
- Possession
- Flexible
- Cross street
- Yonge and Dundas
- Business type
- Fast Food/Takeout
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
- 🚇 TMU Subway1 min walk
- 🚇 College Subway6 min walk
- 🚆 Toronto Union Station GO1.4 km
Within a 10-minute walk: 20 grocery stores, 425 cafés and restaurants, 26 parks, 32 pharmacies. Nearest grocery: Marché Leo’s (100 m). Nearest park: Kerr Hall Quad (200 m).
Schools nearby
Elementary
- Saint Michael's Choir School Catholic5 min walk
- Church Street Junior Public School
EQAO: Gr 6 reading 84%, math 45%11 min walk - École élémentaire Gabrielle-Roy French
EQAO: Gr 6 reading 100%, math 88%11 min walk - Orde Street Public School
EQAO: Gr 6 reading 89%, math 64%14 min walk
Secondary
- Collège français French10 min walk
- Native Learning Centre11 min walk
- Contact Alternative School13 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 M5B
- Owners / renters
- 28% / 72%
- Median household income
- $58,000
- Average age
- 37
- Children under 15
- 5%
- Homes
- 0% detached, 94% high-rise
- Commute by transit
- 30%
- Population
- 17,422
Languages spoken most at home besides English: Mandarin 6.8%, Yue (Cantonese) 2.1%, Korean 1.8%, Spanish 1.7%.
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 Downtown Yonge East (2025): 123% above the Toronto average, down 17% from the year before.
- Assault207% above average
- Break and enter45% above average
- Auto theft66% below average
- Robbery83% above average
- Theft from vehicles84% 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 34 active
-
700 BAY ST · 350 mSite Plan · Application Received · applied 2026Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.Application details
-
335 YONGE ST · 0 mSite Plan · Application Received · applied 2026This application is to facilitate a Site Plan Agreement for the subject site, which would permit an extension of the temporary use permit for the outdoor…
-
20 GERRARD ST E · 250 mSite Plan · Under Review · applied 2026Site Plan Approval for a 7-storey addition to the existing Covenant House Toronto. The proposal would increase its youth crisis and supportive housing capacity…Application details
-
55 ELM ST · 300 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed 18 storey building containing 234 hotel suites and retail space.Application details
-
33 DUNDAS ST E · 200 mPlan of Condominium · Under Review · applied 2025Draft Plan of Condominium Standard (Technical Stream) for two unitsApplication details
-
610 BAY ST · 300 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
40 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
- 🚧 Queen 550 m
- 🚧 Osgoode 850 m
- 🚧 Moss Park 900 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.
Building permits
- New Building · 2025 · CancelledProposed sea containers for retail use - 24 Containers.
- New Building · 2024 · CancelledProposed sea container for retail use - Taco House.
- New Building · 2024 · CancelledProposed sea containers for retail use - 24 Containers.
- Other Temporary Tents · 2018 · ClosedProposed temporary tent over existing food trucks 20x60 to remain for a 6 month period.
- Addition · 2018 · CancelledProposed addtion to rear of existing take-out restaurant with housed in a shipping contatiner with no seating. To remain until future…
13 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
21 City street trees within 100 m, mostly honeys. 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 HOMELIFE/MIRACLE REALTY LTD.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Toronto
$45,000
Reduced $24,000
97 Carlton Street
Church-Yonge Corridor, Toronto
Sale Of Business · MLS® C13515338 · PROPERTY.CA INC.
$40,000
120 Bloor Street E
Church-Yonge Corridor, Toronto
Sale Of Business · MLS® C13750462 · ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$49,500
650 YONGE Street
Bay Street Corridor, Toronto
Sale Of Business · MLS® C13226110 · BAY STREET GROUP INC.
$49,900
4675 Steeles Avenue E 2C8
Milliken, Toronto
Commercial Retail · MLS® E13048020 · HOMELIFE TOP STAR REALTY INC.
$49,900
1 ba
8 Glen Watford Drive Unit G29
Agincourt South-Malvern West, Toronto
Sale Of Business · MLS® E13802050 · RE/MAX HALLMARK REALTY LTD.
$49,900
2 ba
375 Danforth Road 6
Clairlea-Birchmount, Toronto
Sale Of Business · MLS® E13879232 · EXP REALTY
$49,900
Reduced $30,000
523 Annette Street
High Park North, Toronto
Sale Of Business · MLS® W13660084 · RE/MAX HALLMARK REALTY LTD.
$50,000
Reduced $89,800
1 ba
5519 Yonge Street 300
Willowdale East, Toronto
Sale Of Business · MLS® C13121844 · HOMELIFE LANDMARK REALTY INC.