464 Sherbourne St is a 2-bathroom business in Toronto, listed for $149,000.
1Restaurant business for sale | prime downtown toronto location | approx. 1,500 SQ.
2MAIN FLOOR + 1,000 SQ.
3Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Toronto
About 464 Sherbourne Street
Restaurant business for sale | prime downtown toronto location | approx. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-Seat capacity | monthly rent $5,537 including hst & tmi | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.
Toronto business priced at $149,000 — book a tour to see if it fits your search.
Inside 464 Sherbourne St
Every detail from the listing, in one place.
Type
Business
Lot size
16.00 x 84.01 Feet
Features & systems
Lot & land
Lot dimensions
16.00 x 84.01 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
464 Sherbourne 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® C13725626$149,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 464 Sherbourne 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 464 Sherbourne St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Sherbourne Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 464 Sherbourne St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 464 Sherbourne St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,135Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
464 Sherbourne St is listed at $149,000 (MLS® C13725626). Summitly updates the price as soon as the MLS® record changes.
Has the price of 464 Sherbourne St changed?
No — 464 Sherbourne St is still listed at its original asking price of $149,000.
How many bedrooms and bathrooms does 464 Sherbourne St have?
464 Sherbourne St has 2 bathrooms. It is a commercial property in Toronto.
Is 464 Sherbourne St close to transit?
The nearest rapid-transit station is Sherbourne Station (Line 2), about 660 m (about a 8-minute walk) in a straight line. Wellesley Station is about 740 m (about a 9-minute walk), and Castle Frank Station is about 910 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 464 Sherbourne St compare with other homes in Toronto?
Its asking price of $149,000 is about 82% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 464 Sherbourne St been sold before?
Summitly has no earlier MLS® sale or lease of 464 Sherbourne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 464 Sherbourne St?
464 Sherbourne St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 464 Sherbourne St been on the market?
58 days — 464 Sherbourne St was listed on August 29, 2026.
What is the lot size of 464 Sherbourne St?
The lot measures 16.00 × 84.01 Feet, as published in the listing.
What is the land transfer tax on 464 Sherbourne St?
About $2,430 at the asking price of $149,000: $1,215 Ontario land transfer tax plus $1,215 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 464 Sherbourne 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 464 Sherbourne St?
The listing for 464 Sherbourne St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
