Vaughan, ON · L4J 1A1 · MLS® N13414794Updated
$129,000
72 Steeles Ave W #5 is a business in Vaughan, listed for $129,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Rare opportunity to acquire a beautifully established, turnkey dessert café situated at the premier intersection of Yonge Street and Steeles Avenue in Thornhill. Located in a high-exposure retail plaza, this business boasts exceptional visibility and prominent signage facing Steeles Avenue, drawing heavy pedestrian and vehicular traffic daily. The thoughtfully designed space features extensive leasehold improvements, renovation and premium commercial equipment, representing a significant capital investment that ensures a smooth transition for the incoming owner. Ample on-site parking further enhances convenience for both staff and a customer base. This fully operational business offers a lease with 2 years remaining plus a 5-year renewal option. The highly competitive gross rent is $3,790.45 per month, which includes TMI and HST. The purchase price includes all existing equipment, renovations, and leasehold improvements, Ex: one cake display case. An ideal, takeover opportunity for independent entrepreneurs, owner-operators, or established dessert chains looking to expand into a thriving, high-density market.
Vaughan business priced at $129,000 — book a tour to see if it fits your search.
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Lot & land
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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.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: RIGHT AT HOME REALTY, BrokerageMLS® N13414794 · 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 Vaughan around $129K.
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Every active Vaughan MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,165 sales from Jul 25 – Oct 23, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 for sale at 72 Steeles Ave W.
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72 Steeles Ave W #5 is listed at $129,000 (MLS® N13414794). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $169,000 and is now $129,000, a drop of $40,000 (23.7%).
The listing for 72 Steeles Ave W #5 doesn't publish its bedroom and bathroom count. It is a commercial property in Vaughan.
The nearest rapid-transit station is Finch Station (Line 1), about 1.9 km (about a 24-minute walk) in a straight line. North York Centre Station is about 3.3 km, and Old Cummer GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $129,000 is about 89% below the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,165 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 72 Steeles Ave W #5 on record from the last two years. Older records aren't shown under TRREB rules.
72 Steeles Ave W #5 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
137 days — 72 Steeles Ave W #5 was listed on June 8, 2026.
About $1,015 in Ontario land transfer tax at the asking price of $129,000. First-time buyers can get up to $4,000 back. 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 72 Steeles Ave W #5 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vaughan.
The listing for 72 Steeles Ave W #5 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
