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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 199 Bay Street
A rare chance to own a profitable food business in the heart of downtown Toronto. Bagel Stop is located inside a busy office tower at 199 Bay Street. Steps to the PATH. Surrounded by banks, offices, and condo buildings. Strong weekday traffic. Toronto will host six FIFA World Cup 2026 matches. This may bring more traffic, more visitors, and better sales potential for downtown restaurants. Stable customer base. Low rent for this prime location. High profit margins. Simple operation. Easy menu. Bagels, sandwiches, and grab-and-go items. Perfect for owner-operator. Small team required. Clean setup. Efficient layout. Turnkey operation. Keep the brand or bring your own concept (subject to approval). Great opportunity for someone looking for steady income in the financial district. Downtown locations like this are hard to find at this price point.
Toronto business priced at $188,000 — book a tour to see if it fits your search.
Inside 199 Bay St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
199 Bay St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12807014$188,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 199 Bay St Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5171.1%On average, homes sold at or above asking.
Active listings13,923Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 16 – Aug 14, 2026: prices down.
Based on 9,167 sales from Aug 14 – Nov 12, 2026 (7,215 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 199 Bay St
How much is 199 Bay St listed for?
199 Bay St is listed at $188,000 (MLS® C12807014). Summitly updates the price as soon as the MLS® record changes.
Has the price of 199 Bay St changed?
No — 199 Bay St is still listed at its original asking price of $188,000.
How many bedrooms and bathrooms does 199 Bay St have?
The listing for 199 Bay St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 199 Bay St compare with other homes in Toronto?
Its asking price of $188,000 is about 78% below the median sold price in Toronto over the last 90 days, $840,000, across 9,167 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 199 Bay St been sold before?
Summitly has no earlier MLS® sale or lease of 199 Bay St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 199 Bay St?
199 Bay St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 199 Bay St been on the market?
266 days — 199 Bay St was listed on February 19, 2026.
What is the land transfer tax on 199 Bay St?
About $3,210 at the asking price of $188,000: $1,605 Ontario land transfer tax plus $1,605 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 199 Bay St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 199 Bay St?
The listing for 199 Bay St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 199 Bay St built?
The listing for 199 Bay St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.