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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
Unit 1 at 5487 Dundas Street West
LONZO'S is a well-established Profitable Franchise Restaurant business for sale, ideally located in a high-traffic area at the corner of Dundas Street and Shorncliffe Road. The business benefits from excellent visibility and steady customer flow, with close proximity to the subway and numerous condominium buildings. The restaurant generated approximately $500,000 in sales in 2025 and achieved a net profit of approximately $90,000. The operation is currently supported by four employees, and a long-term lease is in place, offering stability and peace of mind for a new owner. This is an excellent opportunity for a family-run business, an owner-operator, or an investor looking to enter or expand within the restaurant industry. Financial figures are provided by the seller and should be independently verified by prospective buyers.
Toronto business priced at $135,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 5487 Dundas St W #1
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
5487 Dundas St W #1 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13883216$135,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5487 Dundas St W #1 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.
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How long is your commute?
From 5487 Dundas St W #1. 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 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 ratio4969.5%On average, homes sold at or above asking.
Active listings12,656Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 9,547 sales from Jul 12 – Oct 10, 2026 (6,503 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5487 Dundas St W #1 is listed at $135,000 (MLS® W13883216). Summitly updates the price as soon as the MLS® record changes.
Has the price of 5487 Dundas St W #1 changed?
No — 5487 Dundas St W #1 is still listed at its original asking price of $135,000.
How many bedrooms and bathrooms does 5487 Dundas St W #1 have?
The listing for 5487 Dundas St W #1 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 5487 Dundas St W #1 close to transit?
The nearest rapid-transit station is Kipling Station (Line 2, Milton GO), about 670 m (about a 8-minute walk) in a straight line. Islington Station is about 2.1 km, and Royal York Station is about 3.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 5487 Dundas St W #1 compare with other homes in Toronto?
Its asking price of $135,000 is about 84% below the median sold price in Toronto over the last 90 days, $850,000, across 9,547 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 5487 Dundas St W #1 been sold before?
Summitly has no earlier MLS® sale or lease of 5487 Dundas St W #1 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5487 Dundas St W #1?
5487 Dundas St W #1 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5487 Dundas St W #1 been on the market?
1 day — 5487 Dundas St W #1 was listed on October 9, 2026.
What is the land transfer tax on 5487 Dundas St W #1?
About $2,150 at the asking price of $135,000: $1,075 Ontario land transfer tax plus $1,075 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 5487 Dundas St W #1 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 5487 Dundas St W #1?
The listing for 5487 Dundas St W #1 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 5487 Dundas St W #1 built?
The listing for 5487 Dundas St W #1 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.