Salehian.com 647-325-5000

407A Bloor Street E

North St. James Town, Toronto, M4W 3T2

$149,000

Reduced $50,000 from $199,000

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Listed 39 days ago · MLS® C13767646

About this home

Exceptional Turnkey Restaurant Opportunity Offering A Rare Combination Of Prime Bloor Street Location, Attractive Asking Price, Competitive Rent And Strong Growth Potential. Positioned Directly Between Tim Hortons And McDonald's On The Busy Bloor Street East Corridor With Exposure To Approx. 15,000-20,000 Vehicles Daily And Thousands Of Pedestrians. Steps To Sherbourne Subway Station And Surrounded By The Extremely Dense St. James Town Community Featuring Over 19 Residential Towers And 17,000+ Residents Within Walking Distance. Short Walk To Georgian College At ILAC and Trios College Bringing Thousands Of Students To The Area Year-Round And Creating Strong Demand For Take-Out And Casual Dining. Located In A Proven Food Corridor With Consistent Lunch, Evening And Late-Night Traffic. Recently Renovated With All Equipment In Great Condition. The Buyer Can Continue The Current Concept And Branding Or Easily Convert The Space To Another Food Concept. With A Strong Established Customer Base And Competitive Rent Of $7,290 Including TMI and Hst, This Turnkey Operation Presents An Excellent Opportunity For Entrepreneurs Seeking A Profitable Business In A High-Demand Downtown Location With Significant Upside Potential.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
North St. James Town
Municipality
Toronto C08

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

Building and exterior

Building area
1,000 Square Feet

More

Possession
TBA
Cross street
Bloor St E & Sherbourne St
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

  • 🚇 Sherbourne Subway1 min walk
  • 🚇 Castle Frank Subway10 min walk
  • 🚆 Toronto Union Station GO3.1 km

Within a 10-minute walk: 15 grocery stores, 161 cafés and restaurants, 29 parks, 19 pharmacies. Nearest grocery: No Frills (100 m). Nearest park: Dr. Gordon Chong park (350 m).

Schools nearby

Elementary

  • Rose Avenue Junior Public School
    EQAO: Gr 6 reading 67%, math 14%    7 min walk
  • Rosedale Junior Public School
    EQAO: Gr 6 reading 100%, math 100%    11 min walk
  • Our Lady of Lourdes Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 43%    11 min walk
  • Winchester Junior and Senior Public School
    EQAO: Gr 6 reading 89%, math 57%    13 min walk

Secondary

  • Msgr Fraser College - Isabella Campus Catholic4 min walk
  • Jarvis Collegiate Institute
    EQAO: Gr 9 math 34%, literacy test 80%    11 min walk
  • Rosedale Heights School of the Arts
    EQAO: Gr 9 math 66%, literacy test 95%    14 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 M4W

Owners / renters
56% / 44%
Median household income
$104,000
Average age
45
Children under 15
9%
Homes
18% detached, 63% high-rise
Commute by transit
25%
Population
15,296

Languages spoken most at home besides English: Mandarin 2.8%, Iranian Persian 1%, Spanish 0.9%, Korean 0.8%.

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 North St.James Town (2025): 24% above the Toronto average, about the same from the year before.

  • Assault67% above average
  • Break and enterabout average
  • Auto theft62% below average
  • Robberyabout average
  • Theft from vehicles35% below average
  • Shootings48% 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 18 active

  • 38 HUNTLEY ST · 300 m
    Site Plan · Under Review · applied 2025
    To permit the construction of two buildings, with building heights of 56 and 60 storeys and approximately 1,362 dwelling units, and a POPS. The project retains…
    Application details
  • 5 HUNTLEY ST · 400 m
    Site Plan · Under Review · applied 2024
    Site Plan Application to permit a 63-storey residential building including a total of 50,580.8 square metres of residential gross floor area which will result…
    Application details
  • 5 HUNTLEY ST · 400 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Official Plan and Zoning By-law Amendment to permit a 63-storey (207-metre, excluding mechanical penthouse) building, containing 709 total dwelling units…
    Application details
  • 141 ISABELLA ST · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2024
    Zoning By-law Amendment for a 69-storey residential building containing 823 dwelling units. The existing 7-storey apartment building and 3-storey single…
    Application details
  • 135 ISABELLA ST · 350 m
    Site Plan · Under Review · applied 2023
    Proposed 69 storey residential building with 770 units.
    Application details
  • 37 LINDEN ST · 200 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2023
    Official Plan Amendment & Rezoning for a 69-storey residential building that will contain 872 residential dwelling units (including rental replacement units).
    Application details

22 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): 3 km. Transit times · Driving times

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

19 City street trees within 100 m, mostly ginkgos. 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 RE/MAX PREMIER INC..

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

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