Salehian.com 647-325-5000

5650 Yonge Street CN16

Newtonbrook West, Toronto, M2M 4G3

$339,000

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Listed 12 days ago · MLS® C13874920

About this home

Incredible turnkey opportunity to own a highly successful, high-volume Thai Express franchise in the heart of North York's primary business and residential hub. Proudly operating for more than 12 years by the original franchisee, this business offers an incredibly rare level of stability, proven historical performance, and deep-rooted local goodwill. Strategically situated in the bustling underground concourse food court, this business benefits from a massive, captive audience of thousands of corporate employees working directly upstairs, including major anchor tenants like Questrade, multiple Ontario Public Service (OPS)/Ministry offices, and various offices. Foot traffic is projected to grow even further with many more tenants coming into the building shortly, including a walk-in medical clinic.The North American Centre offers a premium workplace experience in the heart of North York, combining transit connectivity with best-in-class amenities. This unbeatable location is directly connected to Finch Subway Station, with GO Transit, TTC, and York Region Transit, capturing an endless, year round stream of daily commuters, students, and local corporate professionals.While currently operating on a highly desirable Monday to Friday schedule (10 AM - 8 PM), an ambitious new owner has immediate room to improve and scale business revenues by opening on weekends and potentially adding another complementary MTY Group brand to the space. Smooth transition assured with comprehensive franchise training and ongoing corporate support. Do not miss this high-traffic gem in Toronto's premier transit and corporate corridors!

Details

Type
Sale Of Business
Garage
Underground
Property tax
$8,356 (2026)
Neighbourhood
Newtonbrook West
Municipality
Toronto C07

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

Building and exterior

Building area
1,151 Square Feet

More

Possession
TBD after Franchisor and Landlord approvals
Cross street
Yonge/Finch
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Finch Subway2 min walk
  • 🚇 North York Centre Subway1.3 km
  • 🚆 Old Cummer GO3.9 km

Within a 10-minute walk: 4 grocery stores, 98 cafés and restaurants, 13 parks, 6 pharmacies. Nearest grocery: Joy Mart (150 m). Nearest park: Finch Parkette (150 m).

Schools nearby

Elementary

  • St. Cyril Catholic School Catholic
    EQAO: Gr 6 reading 94%, math 94%    5 min walk
  • McKee Public School
    EQAO: Gr 3 reading 91%, math 84%    12 min walk
  • R J Lang Elementary and Middle School
    EQAO: Gr 6 reading 78%, math 34%    15 min walk
  • St. Antoine Daniel Catholic School Catholic
    EQAO: Gr 6 reading 92%, math 24%    18 min walk

Secondary

  • FutureSkills High School Private1 min walk
  • Avondale Secondary Alternative School13 min walk
  • Drewry Secondary School14 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 M2M

Owners / renters
58% / 42%
Median household income
$81,000
Average age
45
Children under 15
10%
Homes
36% detached, 48% high-rise
Commute by transit
31%
Population
31,915

Languages spoken most at home besides English: Mandarin 8.8%, Iranian Persian 8.3%, Korean 7.5%, Yue (Cantonese) 5.1%.

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 Newtonbrook West (2025): about the Toronto average, down 10% from the year before.

  • Assaultabout average
  • Break and enterabout average
  • Auto theft96% above average
  • Robbery20% above average
  • Theft from vehiclesabout average
  • Shootingsnone reported

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 11 active

  • 40 HENDON AVE · 300 m
    Site Plan · Under Review · applied 2026
    Proposed Development comprises a 14-storey residential/mixed-use building (45.25metres, excluding mechanical elements). A total gross floor area of 13,051…
    Application details
  • 41 HENDON AVE · 300 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed application for a Holding By-Law Amendment to lift the Holding Symbol from the Zoning By-law for 41-47 Hendon Avenue.
    Application details
  • 2 GREENVIEW AVE · 250 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    OPA & Rezoning Application proposes the development of an 46-storey mixed-use building providing residential and commercial use. The building will provide a…
    Application details
  • 41 HENDON AVE · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan Control Application proposes the development of an 38-storey mixed-use building providing rental residential and retail use at grade. The building…
    Application details
  • 30 HENDON AVE · 250 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2024
    OPA & Rezoning to permit the redevelopment of the subject site with a 46-storey (152.55-metre) purpose built rental apartment building, comprised of a 6-…
    Application details
  • 5576 YONGE ST · 100 m
    Site Plan · Under Review · applied 2022
    Proposal for a mixed-use development with two residential towers, 25 storeys in height for the Tower A, and 35 storeys in height for the Tower B. Each tower…
    Application details

9 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): 15 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.

Building permits

  • Interior Alterations · 2026 · Permit Issued
    Proposal for interior alterations for medical clinic & pharmacy .
  • Interior Alterations · 2026 · Revision Issued
    Revision 1:Slight partition layout revision.Proposed interior alterations including demolition of interior partitions and construction of…
  • Electromagnetic Locks · 2026 · Closed
    Proposal for installation of (4) electromagnetic door locks for office (refer to sheets te-0.3, te-18.1, & te-18.2).
  • Interior Alterations · 2025 · Closed
    Proposal for interior alterations to 16th floor elevator lobby.
  • Interior Alterations · 2025 · Closed
    Proposal for interior alterations to existing take-out restaurant

1 permit 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

61 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 CITYLITE REALTY INC..

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

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