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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Mark Savel. All rights reserved.

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MLS# C12797312Bay Street Corridor, Toronto · M4Y 1X9
For SaleSale Of Business

522 Yonge Street, Unit Main

$79,000
64d on market
Teahouse Condos Phase 2byLanterra Developments
MLS# C12797312Bay Street Corridor, Toronto · M4Y 1X9
For SaleSale Of Business

522 Yonge Street, Unit Main

Teahouse Condos Phase 2byLanterra Developments

$79,000

64 days on market

Bedrooms
—
Parking
None
OverviewHistoryDetailsBuildingNeighbourhood

Listing History — This Unit

Sign in to see the full listing history.
Feb 18, 2026(2mo ago)·64 DOM
$79,000
Active
HOMELIFE LANDMARK REALTY INC.
C12797312Current
Jan 01, 2024
$000,000Terminated

(Sign-in required)

About This Listing

Prime Downtown Toronto Location with Exceptional Exposure! An outstanding opportunity to own and operate a restaurant in one of Toronto's most sought-after downtown neighbourhoods. Enjoy high pedestrian traffic and excellent Yonge street visibility in a vibrant urban setting. This turnkey space features a fully equipped commercial-grade kitchen, including a walk-in cooler, and ample basement storage. The versatile layout can easily accommodate a wide range of cuisines and restaurant concepts. Licensed with LLBO. A rare chance to establish or expand your brand in a premier downtown location -don't miss it!

Property Details

MLS NumberC12797312
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking TypeNone
Property Tax$31.56/yr
Days on Market64
Listed2026-02-18
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetYonge and College
Teahouse Condos Phase 2

Teahouse Condos Phase 2

Red Bricks Data

by Lanterra Developments · 501 Yonge Street

22 StoreysCompleteWalk 99Transit 100

Maint. Fees

0.58

Parking

$55,000

Locker

$5,000

Occupancy

2018

Live MLSFor Sale: 4 · $1365/sqftFor Rent: 15 · $4.94/sqft
Teahouse will ultimately consist of two residential buildings and ground floor retail. The moment you enter the lobby a sense of calmness envelopes you. The beautiful lines, the muted lighting and the elegant natural materials allow you to leave the world behind you and relax.Perhaps you will stop and enter the Tea Room, where you might lounge a while to refresh before you ascent to your suite.The amenities designed by Munge Leung include an outdoor pool, an indoor Onsen Pool which features a set of four separate pools at different water temperatures, all designed to soothe your body. Reland in the Rock lounge after a workout in the fitness centre or yoga room.Invite guests and entertain in the party room with formal dining and indoor and outdoor lounging space with barbeque area or perhaps watch a sporting event in the theatre room. The 24 hour concierge is always available to assist you.
View full building profile

Location & nearby

│
100
Walk
100
Transit

522 Yonge Street

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Church Street Junior Public School

403 m
PublicGrades JK-6
EQAO scoreStrong
73 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R81%W69%▼ 14.0M70%
Grade 6R84%W87%▲ 12.0M45%▲ 9.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

485 students5% Special Ed0% Gifted

Collège français élémentaire

549 m
FrenchGrades 7-8·Français
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

R = Reading · W = Writing · M = Math · arrows show 3-year change

75 students20% Special Ed0% Gifted

St Martin Catholic School(OL of Lourdes

788 m
CatholicGrades 6-8
EQAO data not available

Secondary

3 schools

St Joseph's College School

360 m
CatholicGrades 9-12
EQAO scoreStrong
77 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math66%▲ 7.0
OSSLT literacy pass rate87%▼ 5.0

Arrows show 3-year change

545 students14% Special Ed

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

Transit access

Nearest rapid transit and bus stops

M
Nearest subway
Wellesley Station - Southbound Platform
150 m · every 3 min at peak
1
S
Nearest streetcar
Yonge St at Alexander St
111 m · every 6 min at peak
1930632050697

Nearby amenities

636 within a 10-min walk · 2066 within 20 min · click a card to see the closest ones

Daily essentials

🏪
Convenience
35within 800 m
+66more by 1.6 km
17 within a 5-min walk
  • BZB Convenicne48 m
  • Thai Mart66 m
  • INS Market69 m
🛒
Builder Documents

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April 2026

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Listing provided by HOMELIFE LANDMARK REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 22, 2026 at 03:40 a.m.

3% Gifted

Native Learning Centre

378 m
PublicGrades 9-12
EQAO data not available

Collège français secondaire

570 m
FrenchGrades 9-12·Français
EQAO scoreExcellent
93 / 100

Top 25% of Ontario secondary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math86%▲ 26.0
OSSLT literacy pass rate100%

Arrows show 3-year change

155 students15% Special Ed0% Gifted

Bus stops within 800 m

5 stops
  • Yonge St at Grosvenor St
    32097
    70 m
  • Yonge St at Wellesley St East - Wellesley Station
    32097
    124 m
  • Wellesley St West at Yonge St
    94
    133 m
  • Wellesley St East at Yonge St
    94
    149 m
  • Yonge St at Wellesley St West - Wellesley Station
    32097
    153 m

Source: TTC GTFS · straight-line distances · routes shown are short names

Grocery
29within 800 m
+44more by 1.6 km
14 within a 5-min walk
  • Kream6 m
  • Galleria Supermarket Express104 m
  • Shu Cake131 m
💊
Pharmacy
26within 800 m
+42more by 1.6 km
13 within a 5-min walk
  • White Cross Drugs54 m
  • The Village Pharmacy60 m
  • Remedy'sRx179 m
🏦
Bank / ATM
23within 800 m
+62more by 1.6 km
9 within a 5-min walk
  • Scotiabank121 m
  • Rapport Credit Union188 m
  • Meridian Credit Union211 m
📮
Post
3within 800 m
+14more by 1.6 km
1 within a 5-min walk
  • Wood Street Canada Post252 m
  • Canada Post525 m
  • Bay and Gerrard Canada Post624 m

Food & drink

🍽️
Restaurants
282within 800 m
+610more by 1.6 km
123 within a 5-min walk
  • Bone Soup Malatang4 m
  • The Fry12 m
  • Taning Lemon Tea22 m
☕
Coffee
96within 800 m
+159more by 1.6 km
38 within a 5-min walk
  • Heytea55 m
  • Kati66 m
  • Charles Tea70 m
🍺
Bars & pubs
20within 800 m
+41more by 1.6 km
13 within a 5-min walk
  • Fox and Fiddle174 m
  • Bar Volo237 m
  • O'Gradys300 m

Recreation

🏋️
Fitness
10within 800 m
+27more by 1.6 km
4 within a 5-min walk
  • Telomere Fitness11 m
  • Fit4Less33 m
  • Mattamy Athletic Centre356 m
🎭
Entertainment
9within 800 m
+31more by 1.6 km
4 within a 5-min walk
  • Buddies in Bad Times111 m
  • Police Museum & Discovery Centre296 m
  • CARLU309 m
🏛️
Community
6within 800 m
+33more by 1.6 km
4 within a 5-min walk
  • Centre Francophone267 m
  • Native Child & Family Centre of Toronto271 m
  • Sagrario Pilates Studio320 m
🌳
Parks
4within 800 m
+3more by 1.6 km
1 within a 5-min walk
  • James Canning Gardens379 m
  • Podium Green Roof1.2 km
  • Gardens of Justice1.2 km
📚
Libraries
3within 800 m
+18more by 1.6 km
  • Regis College Library481 m
  • The ArQuives493 m
  • Emmanuel College Library - Victoria University757 m

Services & shops

🏥
Healthcare
47within 800 m
+90more by 1.6 km
25 within a 5-min walk
  • Intrepid Health56 m
  • EnerHealth Medical & Wellness Centre56 m
  • Queen's Park Health178 m
🛍️
Shops
40within 800 m
+176more by 1.6 km
8 within a 5-min walk
  • Toronto Tees39 m
  • Toronto Tees56 m
  • D&M Footwear291 m
🧸
Daycare
2within 800 m
+8more by 1.6 km
1 within a 5-min walk
  • Queen's Park Child Care Centre320 m
  • Gerrard Early Learning Centre882 m
  • Wellesley Early Learning Centre892 m
⛽
Gas / EV
1within 800 m
+6more by 1.6 km
  • Petro-Canada589 m
  • Tesla Supercharger968 m
  • Canadian Tire1.1 km

© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance