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Commercial Property in Toronto
About 48 St Clair Avenue East
Prime Yonge & St. Clair restaurant opportunity across from the newly renovated Immigration Office building and steps to the subway entrance. Renovated Japanese restaurant with excellent visibility, prominent signage, heavy pedestrian traffic, and convenient transit access.Located in a vibrant mixed-use neighbourhood surrounded by offices, condos, and retail shops. Fully equipped and can easily be converted to any cuisine. Includes additional basement space, patio, and one rear parking spot. Turnkey business with strong dine-in and take-out potential in one of Toronto's most desirable midtown locations.
Toronto business priced at $99,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 48 St Clair Ave E
Every detail from the listing, in one place.
Type
Business
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
48 St Clair Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 48 St Clair Ave E. Typical times without traffic delays; transit times aren't available yet.
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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 PropTx, 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 ratio4915.5%On average, homes sold at or above asking.
Active listings12,519Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
48 St Clair Ave E is listed at $99,000 (MLS® C13138538). Summitly updates the price as soon as the MLS® record changes.
Has the price of 48 St Clair Ave E changed?
Yes — it was first listed at $199,000 and is now $99,000, a drop of $100,000 (50.3%).
How many bedrooms and bathrooms does 48 St Clair Ave E have?
The listing for 48 St Clair Ave E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 48 St Clair Ave E close to transit?
The nearest rapid-transit station is St. Clair Station (Line 1), about 170 m (about a 2-minute walk) in a straight line. Summerhill Station is about 790 m (about a 10-minute walk), and Davisville Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 48 St Clair Ave E compare with other homes in Toronto?
Its asking price of $99,000 is about 88% below the median sold price in Toronto over the last 90 days, $849,000, across 9,654 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 48 St Clair Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 48 St Clair Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 48 St Clair Ave E?
48 St Clair Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 48 St Clair Ave E been on the market?
145 days — 48 St Clair Ave E was listed on May 16, 2026.
What is the lot size of 48 St Clair Ave E?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 48 St Clair Ave E?
About $1,430 at the asking price of $99,000: $715 Ontario land transfer tax plus $715 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 48 St Clair Ave E 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 48 St Clair Ave E?
The listing for 48 St Clair Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.