Toronto, ON · M5V 1H2 · MLS® C14120114Updated
$369,000
5 Mercer St is a business in Toronto, listed for $369,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Downtown Toronto Entertainment District Restaurant Opportunity At The Corner Of Mercer And John Streets. Ideally Positioned Near King Street West, Theatres, Sports Venues, Hotels, Offices And Residential Towers, With A Surrounding Mix Of Dining And Nightlife That Appeals To Residents, Professionals And Visitors Alike. Approximately 4,595 Sq. Ft. With A Tasteful Interior, Beautiful Bar And A Commercial Kitchen Featuring A Large Exhaust Hood And Walk-In Fridge. A Patio On John Street Extends The Dining Experience Outdoors. Licensed For 174 Patrons Inside And 24 Outside. The Existing Restaurant Infrastructure And Prominent Downtown Setting Provide An Excellent Foundation For An Experienced Operator To Bring A New Brand And Concept To The Space.
Toronto business priced at $369,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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From 5 Mercer St. Typical times without traffic delays; transit times aren't available yet.
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Listing brokerage: RE/MAX ULTIMATE REALTY INC., BrokerageMLS® C14120114 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Toronto around $369K.
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Every active Toronto MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
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Nearest subway, GO and LRT stations first, then bus and streetcar stops.
760 m10 min· Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express
Homes near Union StationStraight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
5 Mercer St is listed at $369,000 (MLS® C14120114). Summitly updates the price as soon as the MLS® record changes.
No — 5 Mercer St is still listed at its original asking price of $369,000.
The listing for 5 Mercer St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is St. Andrew Station (Line 1), about 450 m (about a 6-minute walk) in a straight line. Osgoode Station is about 610 m (about a 8-minute walk), and Union Station is about 760 m (about a 10-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $369,000 is about 56% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 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.
Summitly has no earlier MLS® sale or lease of 5 Mercer St on record from the last two years. Older records aren't shown under TRREB rules.
5 Mercer St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
5 Mercer St was listed today (October 27, 2026).
About $8,020 at the asking price of $369,000: $4,010 Ontario land transfer tax plus $4,010 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.
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.
The listing for 5 Mercer St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 5 Mercer St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
