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Commercial Property in Toronto
About 6048 Yonge Street
Rare opportunity to acquire a fully built-out, turn-key restaurant space in North York. Approx. 1,217 sq. ft., surrounded by a large residential population. Close to Yonge-Finch subway station and the future Yonge North subway extension. Newly renovated in 2026 and ideally set up for noodle-focused concepts such as ramen, pho, Korean/Chinese noodles, and other Asian cuisine. The versatile layout can also be easily adapted to accommodate a wide range of restaurant and food concepts. Lease until April 30, 2027 with a 5-year renewal option.
Toronto business priced at $139,000 — book a tour to see if it fits your search.
Inside 6048 Yonge St
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
6048 Yonge St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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 ratio5101.9%On average, homes sold at or above asking.
Active listings12,665Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 5 – Aug 3, 2026: prices up.
Based on 9,294 sales from Aug 3 – Nov 1, 2026 (6,924 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
6048 Yonge St is listed at $139,000 (MLS® C13797980). Summitly updates the price as soon as the MLS® record changes.
Has the price of 6048 Yonge St changed?
Yes — it was first listed at $150,000 and is now $139,000, a drop of $11,000 (7.3%).
How many bedrooms and bathrooms does 6048 Yonge St have?
The listing for 6048 Yonge St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 6048 Yonge St close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 980 m (about a 12-minute walk) in a straight line. North York Centre Station is about 2.4 km, and Sheppard-Yonge Station is about 3.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 6048 Yonge St compare with other homes in Toronto?
Its asking price of $139,000 is about 84% below the median sold price in Toronto over the last 90 days, $845,000, across 9,294 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 6048 Yonge St been sold before?
Summitly has no earlier MLS® sale or lease of 6048 Yonge St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 6048 Yonge St?
6048 Yonge St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 6048 Yonge St been on the market?
45 days — 6048 Yonge St was listed on September 17, 2026.
What is the land transfer tax on 6048 Yonge St?
About $2,230 at the asking price of $139,000: $1,115 Ontario land transfer tax plus $1,115 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 6048 Yonge 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 6048 Yonge St?
The listing for 6048 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.
When was 6048 Yonge St built?
The listing for 6048 Yonge St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.