72 Steeles Avenue W UNIT 5

Crestwood-Springfarm-Yorkhill, Vaughan, L4J 1A1

$129,000

Reduced $40,000 from $169,000

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Listed 134 days ago · MLS® N13414794

About this home

Rare opportunity to acquire a beautifully established, turnkey dessert café situated at the premier intersection of Yonge Street and Steeles Avenue in Thornhill. Located in a high-exposure retail plaza, this business boasts exceptional visibility and prominent signage facing Steeles Avenue, drawing heavy pedestrian and vehicular traffic daily. The thoughtfully designed space features extensive leasehold improvements, renovation and premium commercial equipment, representing a significant capital investment that ensures a smooth transition for the incoming owner. Ample on-site parking further enhances convenience for both staff and a customer base. This fully operational business offers a lease with 2 years remaining plus a 5-year renewal option. The highly competitive gross rent is $3,790.45 per month, which includes TMI and HST. The purchase price includes all existing equipment, renovations, and leasehold improvements, Ex: one cake display case. An ideal, takeover opportunity for independent entrepreneurs, owner-operators, or established dessert chains looking to expand into a thriving, high-density market.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
Crestwood-Springfarm-Yorkhill
Municipality
Vaughan

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

Building and exterior

Building area
1,050 Square Feet

More

Possession
FLEX
Cross street
yonge & steeles
Business type
Cafe

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

  • 🚇 Finch Subway1.9 km
  • 🚆 Old Cummer GO4.1 km

Within a 10-minute walk: 9 grocery stores, 51 cafés and restaurants, 3 parks, 4 pharmacies. Nearest grocery: Tindahan (100 m). Nearest park: Sir Robert Watson-Watt Parkette (550 m).

Schools nearby

Elementary

  • St. Paschal Baylon Catholic School Catholic
    EQAO: Gr 6 reading 95%, math 52%
    15 min walk
  • Lillian Public School
    EQAO: Gr 3 reading 71%, math 60%
    15 min walk
  • Henderson Avenue Public School
    EQAO: Gr 6 reading 91%, math 84%
    1.3 km
  • Pleasant Public School
    EQAO: Gr 6 reading 88%, math 44%
    1.3 km

Secondary

  • Newtonbrook Secondary School
    EQAO: Gr 9 math 39%, literacy test 98%
    8 min walk
  • Drewry Secondary School19 min walk
  • École secondaire catholique Monseigneur-de-Charbonnel French1.3 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 L4J

Owners / renters
85% / 15%
Median household income
$115,000
Average age
44
Children under 15
15%
Homes
56% detached, 26% high-rise
Commute by transit
10%
Population
75,120

Languages spoken most at home besides English: Russian 8.2%, Mandarin 4.1%, Korean 3%, Iranian Persian 2.6%.

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

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby 14 active

  • 7 NIPIGON AVE · 250 m
    Site Plan · OMB Appeal · applied 2023
    The applicants have submitted a development proposal for 7 - 17 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles…
    Application details
  • 7 NIPIGON AVE · 250 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2023
    An Official Plan Amendment and Zoning By-law Amendment application has been made for 7 - 17 Nipigon Avenue (the "subject lands"), generally located east of…
    Application details
  • 26 NIPIGON AVE · 300 m
    Site Plan · Appeal Received · applied 2023
    The applicants have submitted a site plan application for 26-34 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles…
    Application details
  • 26 NIPIGON AVE · 300 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2023
    The applicants have submitted a development proposal for 26-34 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles…
    Application details
  • 7 STEELES AVE E · 200 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2023
    An application for an Official Plan and Zoning By-law Amendment has been made for 7-15 Steeles Avenue East, generally located at the south-east corner of the…
    Application details
  • 5 TANGREEN CRT · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2023
    Proposed redevelopment of the subject site with 7 new mixed use towers ranging from 25 to 55 storey's.
    Application details

12 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). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 17 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.

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.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

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

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