478 Bay St is a 3-bathroom business in Midland, listed for $249,900.
1Located at the high-visibility corner of Bay St & Midland Ave, this fully equipped, thriving Indian-Canadian fusion restobar offers a seamless walk-in & take-over operation.
2Situated in a prominent commercial hub (formerly a high-traffic Tim Hortons), the space features a fully functional commercial kitchen, generous seating, & established takeout/delivery channels.
3Massive growth potential with franchise/wholesale capabilities.
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3 Bath Commercial Property in Midland
About 478 Bay Street
Located at the high-visibility corner of Bay St & Midland Ave, this fully equipped, thriving Indian-Canadian fusion restobar offers a seamless walk-in & take-over operation. Situated in a prominent commercial hub (formerly a high-traffic Tim Hortons), the space features a fully functional commercial kitchen, generous seating, & established takeout/delivery channels. Massive growth potential with franchise/wholesale capabilities. A premier Simcoe County culinary staple!
Midland business priced at $249,900 — book a tour to see if it fits your search.
Inside 478 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
478 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® S14115180$249,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 478 Bay St Compares to the Midland 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.
Keep looking near 478 Bay St
Homes for sale in Midland
Every active Midland MLS® listing, updated all day.
Average days on market53Homes sold in about 53 days on average.
Sale-to-list ratio94.9%On average, homes sold below asking.
Active listings177Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 110 sales from Jul 27 – Oct 25, 2026 (57 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 478 Bay St
How much is 478 Bay St listed for?
478 Bay St is listed at $249,900 (MLS® S14115180). Summitly updates the price as soon as the MLS® record changes.
Has the price of 478 Bay St changed?
No — 478 Bay St is still listed at its original asking price of $249,900.
How many bedrooms and bathrooms does 478 Bay St have?
478 Bay St has 3 bathrooms. It is a commercial property in Midland.
How does 478 Bay St compare with other homes in Midland?
Its asking price of $249,900 is about 52% below the median sold price in Midland over the last 90 days, $525,000, across 110 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 478 Bay St been sold before?
Summitly has no earlier MLS® sale or lease of 478 Bay St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 478 Bay St?
478 Bay St is in Midland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 478 Bay St been on the market?
478 Bay St was listed today (October 25, 2026).
What is the land transfer tax on 478 Bay St?
About $2,224 in Ontario land transfer tax at the asking price of $249,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 478 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 478 Bay St?
The listing for 478 Bay St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Midland.
When was 478 Bay St built?
The listing for 478 Bay St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
