5 Mercer Street, Toronto C01

$369,000
5 Mercer Street

$369,000

New
24d
Sale Of Business

5 Mercer Street, Toronto C01

Total Monthly Obligation $1,863

Beds
0
Baths
0
Park
0
DOM
24d
Property Type-Sale Of Business
MLS® Number-C13845830
Beds-0
Listed on site-Sep 29, 2026
Building Type-Sale Of Business
Age-31-50
Parking-Underground
Heating-Gas Forced Air Open
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Commercial

No agent assigned

Downtown Toronto Entertainment District Restaurant Opportunity At The Corner Of Mercer And John Streets. Ideally Positioned Near King Street West, Theatres, Sports Venues, Hotels, Offices And Residential Towers, With A Surrounding Mix Of Dining And Nightlife That Appeals To Residents, Professionals And Visitors Alike. Approximately 4,595 Sq. Ft. With A Tasteful Interior, Beautiful Bar And A Commercial Kitchen Featuring A Large Exhaust Hood And Walk-In Fridge. A Patio On John Street Extends The Dining Experience Outdoors. Licensed For 174 Patrons Inside And 24 Outside. The Existing Restaurant Infrastructure And Prominent Downtown Setting Provide An Excellent Foundation For An Experienced Operator To Bring A New Brand And Concept To The Space.

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Closing Costs

Mortgage Amount
$295,200
Land Transfer Taxes$4,010
Legal Fees (Est.)
$
Total cash required for closing$79,310

Total Monthly Obligation

$1,863/mo
Mortgage $1,488
Monthly Loss $1,472
Principal$392
Interest$1,097
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Mercer Street

Time

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