Coldwell Banker Summit Realty, Brokerage
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Highly recognized and well-established Korean rice dog franchise in the heart of downtown Toronto. Ideally situated in a high-traffic location with exceptional exposure, this turnkey business benefits from strong pedestrian traffic year-round, attracting locals, office workers, students, and tourists alike.Currently operating as a successful takeout restaurant with a 20-seat dine-in area, this business is easy to manage with minimal owner involvement. Monthly gross sales are approximately $70,000 (as per the seller), with food costs averaging 28-30%, offering an efficient and profitable operating model.The lease includes no demolition clause, providing added security and long-term peace of mind for the purchaser. An excellent opportunity to acquire a proven franchise in one of Toronto's busiest and most desirable commercial districts.
Toronto business priced at $240,000 — book a tour to see if it fits your search.
Every detail from the listing, in one place.
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.
What's it worth?
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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Toronto market reportTransit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
From 582 Yonge St. Typical times without traffic delays; transit times aren't available yet.
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Listing brokerage: Royal LePage Real Estate Associates, BrokerageMLS® C13508840 · 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.
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.
Other homes for sale in Toronto around $240K.
Homes for sale in Toronto
Every active Toronto MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,406 sales from Aug 4 – Nov 2, 2026 (7,002 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.
Straight-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.
582 Yonge St is listed at $240,000 (MLS® C13508840). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $299,000 and is now $240,000, a drop of $59,000 (19.7%).
The listing for 582 Yonge St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Wellesley Station (Line 1), about 100 m (about a 1-minute walk) in a straight line. College Station is about 530 m (about a 7-minute walk), and Bloor-Yonge Station is about 630 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $240,000 is about 72% below the median sold price in Toronto over the last 90 days, $845,000, across 9,406 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 582 Yonge St on record from the last two years. Older records aren't shown under TRREB rules.
582 Yonge St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
124 days — 582 Yonge St was listed on July 1, 2026.
About $4,250 at the asking price of $240,000: $2,125 Ontario land transfer tax plus $2,125 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 582 Yonge 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 582 Yonge St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
