495 Bloor Street West, Toronto (University) - Business for Sale
495 Bloor Street West, Toronto (University), Ontario, M5S1Y2
This business in Toronto is for sale offering roughly 800 sq ft of space.
Description
Well-established and profitable Greek quick-service restaurant located in a high-traffic, high-visibility area on Bloor Street West. Souvlaki Place has been operating successfully for years with a strong local following, steady walk-in traffic, and consistent sales. The business generates approximately $600,000 in annual gross revenue, with excellent potential for further growth through extended hours, delivery platforms, or catering. Fully equipped kitchen with commercial-grade equipment, efficient layout, and turnkey operation ideal for owner-operators or investors. The space features durable commercial-grade flooring throughout, designed for high-traffic food service use, providing easy maintenance and long-term durability. Clean, functional dining and prep areas support smooth daily operations. Prime location surrounded by residential buildings, offices, transit, and major amenities, ensuring constant foot traffic. Favourable lease terms and an established brand make this an excellent opportunity to step into a proven business with immediate cash flow. Do not miss this opportunity to own a successful restaurant in one of Toronto's most sought-after (id:66096)
Property Details
- MLS®
- C13454908
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commerical
- Interior Size
- 800 ft²
- Lot Size
- 19 × 68 ft (1,281 sq ft)
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $900/yr
- Listed
- 142 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 142 days on market, against an average age of 80 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5S)
This home lists at $168,800, about 2.4× the local median household income of $70,000.
Carrying it typically needs a household income of about $32,973 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,000
- Population
- 17,074
- Median age
- 33.2
- Owner / renter
- 36% / 64%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5S)
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$168,800
Toronto