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523 Annette Street

523 Annette Street

Toronto W02, ON

  • 750 sqft
  • Sale Of Business
  • 40 days on market
$49,900Price reduced 38%

Prime Restaurant Opportunity at Annette & Runnymede! Looking to expand your existing restaurant business or launch your next culinary concept? Your search is over!Located at the vibrant corner of Annette Street and Runnymede Road, this approximately 800 sq. ft. restaurant space offers an exceptional opportunity in a well-established and highly active neighbourhood.The space is ideally configured with approximately 20 seats and comes fully equipped with everything you need to get cooking, including commercial cooking equipment, ventilation, refrigerators, a draft fridge and a walk-in cooler. The full basement provides an abundance of additional storage, making this space both functional and efficient.Surrounded by a collection of successful restaurants, cafés and food establishments, the location offers excellent exposure. The possibilities are endless - envision a premium sandwich or deli concept, breakfast café, grab-and-go destination, specialty takeout operation or a unique food franchise.With TTC right at your doorstep, access is convenient for both customers and employees. Excellent road access also makes the location ideal for delivery and food-ordering services, adding another valuable revenue stream.Great location. Excellent infrastructure. Endless possibilities. Whether you're an established operator looking to expand or an entrepreneur ready to bring your next food concept to life, this is an opportunity you won't want to miss.Don't wait - this one is a must-see!

Listing Details

Taxes (2026)
$1,600
Originally Listed
$79,900
Listed
August 9, 2026

Price History

Property

Lot Size
20 x 45 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Annette And Runnymede
Zoning
Business Commercial
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Fast Food/Takeout
Rental Term
3-36 months

Included

Inclusions
The restaurant as you see it for showings- all equipment included.
Exclusions
Nothing excluded.

Community

Postal area M6P

Population
39,870
Private dwellings
20,750
Median age
39.2
Average household size
2.1
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W02 · last 12 months

Median sold price
$1,168,000
Homes sold
776
Median days on market
11
Sale-to-list price
102.9%

Based on 776 recorded sales of commercial properties in Toronto W02 over the last 12 months.

Listed by

RE/MAX HALLMARK REALTY LTD.

Walk Score

88

Walk

76

Transit

91

Bike

Scores by Walk Score®

Commercial figures

Building area
750 sq ft
Price per sq ft
$66.53
Annual property tax
$1,600
Tax per sq ft
$2.13

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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