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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
3 Bath Commercial Property in Toronto
About 56 Berkeley Street East
This unique and multifaceted venue is a money maker. Chef driven, this business is established, turn key and has promising upside for the right group to building on the already profitable venture. The clean and industrial feel to the space makes it the perfect space to host parties of all kinds. Known for private dining, receptions, onsite catering, corporate workshops and cooking classes there is an extensive client list and data base associated with this established brand. Strong finials and year over year growth. The Seller is willing to provide training to ensure a smooth transition to the next operator. Priced to sell - bake your initial investment back in year one.
Toronto business priced at $235,000 — book a tour to see if it fits your search.
Inside 56 Berkeley St E
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
56 Berkeley St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14015010$235,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 56 Berkeley St E 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 56 Berkeley St E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 56 Berkeley St E with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 56 Berkeley St E day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 ratio4900.6%On average, homes sold at or above asking.
Active listings12,731Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
56 Berkeley St E is listed at $235,000 (MLS® C14015010). Summitly updates the price as soon as the MLS® record changes.
Has the price of 56 Berkeley St E changed?
No — 56 Berkeley St E is still listed at its original asking price of $235,000.
How many bedrooms and bathrooms does 56 Berkeley St E have?
56 Berkeley St E has 3 bathrooms. It is a commercial property in Toronto.
Is 56 Berkeley St E close to transit?
The nearest rapid-transit station is King Station (Line 1), about 1.1 km (about a 14-minute walk) in a straight line. Queen Station is about 1.2 km (about a 15-minute walk), and TMU Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 56 Berkeley St E compare with other homes in Toronto?
Its asking price of $235,000 is about 72% below the median sold price in Toronto over the last 90 days, $848,250, across 9,684 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 56 Berkeley St E been sold before?
Summitly has no earlier MLS® sale or lease of 56 Berkeley St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 56 Berkeley St E?
56 Berkeley St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 56 Berkeley St E been on the market?
1 day — 56 Berkeley St E was listed on October 12, 2026.
What is the land transfer tax on 56 Berkeley St E?
About $4,150 at the asking price of $235,000: $2,075 Ontario land transfer tax plus $2,075 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 56 Berkeley St 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 56 Berkeley St E?
The listing for 56 Berkeley St E 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 56 Berkeley St E built?
The listing for 56 Berkeley St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.