744 King Street W
Niagara, Toronto, M5V 1N3
$579,990
Reduced $269,010 from $849,000
Listed 95 days ago · MLS® C13573622
About this home
Outstanding Opportunity: 24-Hour Pizza Store on King St, Downtown Toronto**Take advantage of an exceptional opportunity to purchase a highly successful, 24-hour pizza storefront perfectly positioned in the heart of downtown Toronto on vibrant King Street. Business Highlights: Proven Performance: Average annual sales of approximately **$1.4 million** over the last two years. Turnkey Setup: Fully equipped for both dine-in and takeout services, featuring a cozy 15-seat layout.Premium Location: Situated in a high-density, foot-traffic heavy urban corridor, ensuring a steady stream of day and late-night clienteles. Lease & Financials: Lease: $7490/month + HST Secure Term: 4 years remaining on the current lease, plus two 5-year extension options available (4 + 5 + 5).This turnkey operation is ideal for an owner-operator looking to step into a profitable business from day one, or an investor seeking a well-positioned food franchise in a premier Toronto location.
Details
- Type
- Sale Of Business
- Lot
- 19.36 × 92.19 ft
- Garage
- Reserved/Assignd
- Neighbourhood
- Niagara
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Utilities
- Available
Building and exterior
- Building area
- 1,776 Square Feet
More
- Possession
- Flexible
- Cross street
- King St.W. & Bathurst St
- Business type
- Pizzeria
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
- 🚇 St. Andrew Subway1.6 km
- 🚇 Osgoode Subway1.7 km
- 🚆 Exhibition GO1.4 km
Within a 10-minute walk: 14 grocery stores, 237 cafés and restaurants, 24 parks, 17 pharmacies. Nearest grocery: Kitchen Table (50 m). Nearest park: Adelaide Place Parkette (250 m).
Schools nearby
Elementary
- St. Mary Catholic School Catholic
EQAO: Gr 6 reading 100%, math 38%4 min walk - Niagara Street Junior Public School
EQAO: Gr 6 reading 100%, math 84%5 min walk - ALPHA Alternative Junior School9 min walk
- Charles G Fraser Junior Public School
EQAO: Gr 6 reading 95%, math 71%10 min walk
Secondary
- Oasis Alternative Secondary School9 min walk
- Downtown Vocal Music Academy of Toronto Private13 min walk
- City School
EQAO: literacy test 58%16 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 M5V
- Owners / renters
- 42% / 58%
- Median household income
- $91,000
- Average age
- 35
- Children under 15
- 6%
- Homes
- 0% detached, 97% high-rise
- Commute by transit
- 23%
- Population
- 59,912
Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 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 West Queen West (2025): 24% below the Toronto average, down 16% from the year before.
- Assault23% below average
- Break and enter37% above average
- Auto theft63% below average
- Robbery34% below average
- Theft from vehiclesabout average
- Shootings21% 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 28 active
-
689 KING ST W · 50 mOfficial Plan / Zoning By-law Amendment · Application Received · applied 2026Proposed 30-storey mixed-use development, comprised of hotel uses on the first 13-storeys, including a restaurant and 251 hotel suites, and residential uses…Application details
-
150 QUEENS WHARF RD · 400 mSite Plan · Application Received · applied 2026The 2025 Proposal is a 37-storey tower with a total of 268 units and ~350m2 of ground floor non-residential GFA. Of the 268 units, over 50% of the units are…Application details
-
539 KING ST W · 450 mPlan of Condominium · Under Review · applied 2025Draft Plan of Standard Condominium for 439 units.Application details
-
451 ADELAIDE ST W · 450 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2025Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.Application details
-
71 PORTLAND ST · 400 mSite Plan · Under Review · applied 2024Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.Application details
-
71 PORTLAND ST · 400 mSite Plan · Under Review · applied 2024Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.Application details
31 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): 2 km. Transit times · Driving times
Coming transit
- 🚧 King West GO Transit200 m
- 🚧 Chinatown 850 m
- 🚧 Exhibition 1.5 km · opening 2031
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.
Building permits
- Interior Alterations · 2020 · InspectionProposal for interior alterations for tenant fit-out for existing take-out restaurant. Tenant- Freshslice Pizza
7 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
43 City street trees within 100 m. That’s about 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 MILBORNE REAL ESTATE INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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