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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 523 Annette Street
Prime Restaurant Opportunity at Annette & Runnymede! Looking to expand your existing restaurant business or launch your next culinary concept? Your search is over!Located at the vibrant corner of Annette Street and Runnymede Road, this approximately 800 sq. ft. restaurant space offers an exceptional opportunity in a well-established and highly active neighbourhood.The space is ideally configured with approximately 20 seats and comes fully equipped with everything you need to get cooking, including commercial cooking equipment, ventilation, refrigerators, a draft fridge and a walk-in cooler. The full basement provides an abundance of additional storage, making this space both functional and efficient.Surrounded by a collection of successful restaurants, cafes and food establishments, the location offers excellent exposure. The possibilities are endless - envision a premium sandwich or deli concept, breakfast cafe, grab-and-go destination, specialty takeout operation or a unique food franchise.With TTC right at your doorstep, access is convenient for both customers and employees. Excellent road access also makes the location ideal for delivery and food-ordering services, adding another valuable revenue stream.Great location. Excellent infrastructure. Endless possibilities. Whether you're an established operator looking to expand or an entrepreneur ready to bring your next food concept to life, this is an opportunity you won't want to miss.Don't wait - this one is a must-see!
Toronto business priced at $49,900 — book a tour to see if it fits your search.
Inside 523 Annette St
Every detail from the listing, in one place.
Type
Business
Lot size
20.00 x 45.00 Feet
Features & systems
Lot & land
Lot dimensions
20.00 x 45.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
523 Annette 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® W14165746$49,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 523 Annette 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 ratio5150.2%On average, homes sold at or above asking.
Active listings12,845Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 523 Annette St
How much is 523 Annette St listed for?
523 Annette St is listed at $49,900 (MLS® W14165746). Summitly updates the price as soon as the MLS® record changes.
Has the price of 523 Annette St changed?
No — 523 Annette St is still listed at its original asking price of $49,900.
How many bedrooms and bathrooms does 523 Annette St have?
The listing for 523 Annette St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 523 Annette St compare with other homes in Toronto?
Its asking price of $49,900 is about 94% below the median sold price in Toronto over the last 90 days, $840,000, across 9,205 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 523 Annette St been sold before?
Summitly has no earlier MLS® sale or lease of 523 Annette St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 523 Annette St?
523 Annette St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 523 Annette St been on the market?
1 day — 523 Annette St was listed on November 9, 2026.
What is the lot size of 523 Annette St?
The lot measures 20.00 × 45.00 Feet, as published in the listing.
What is the land transfer tax on 523 Annette St?
About $499 at the asking price of $49,900: $250 Ontario land transfer tax plus $250 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 523 Annette 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 523 Annette St?
The listing for 523 Annette 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 523 Annette St built?
The listing for 523 Annette St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.