For Sale

787 King Street, Toronto C01, Ontario M5V 1N4

$0

787 King Street, Toronto C01, Ontario M5V 1N4 is For Sale and has a listing price of 399,000. The property is located in the Toronto C01 . It's been on the website for 55 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: C12310749
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Simit & Chai’s original location on King Street West is a well-established and very popular licensed café in one of Toronto’s busiest neighbourhoods. This charming and stylish spot has built a loyal customer base and benefits from strong foot traffic year-round. It carries a great history and track record of proven sales. The café occupies 1,271 sq ft with a gross rent of $9,062 including TMI, with a lease term in place. It is licensed for 29 interior seats plus an additional 10 on the patio, making it ideal for both dine-in and takeout. Full training will be provided for a smooth transition. This is a turnkey opportunity offering net operating income for hands-off ownership. A rare chance to take over a successful business in a high-demand area. Please do not go direct or speak to staff.

Property Details
  • MLS ID: C12310749
  • Bathrooms: 1
  • Price: $399,000
  • Lot Depth: 44
  • Transaction Types: For Sale
  • Ref ID: C12310749
  • Year Built: N/A
  • Dir / Cross St: King and Niagara
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/28/2025 C12310749 $399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $947,269 Average List Price
    based on 1 year
  • 642 New Listings
    based on 30 days
  • 42 Median Days on Market
    based on 1 year
  • List vs. Selling Price 240.16 % Up
  • Sold (12mo) 754
  • Rented (12mo) 1,692

  • 1 Month Change +261.9%
  • 3 Month Change +85.2%
  • 6 Month Change -43.5%
Walkscore
  • 98 Walk Score
    Walker's Paradise
  • 95 Transit Score
    Rider's Paradise
  • 94 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Y
  • Washroom Type1: 1
  • Garage Type Underground
  • Parking Spaces: 1
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Tbd
  • Listing Entry Date: 28/07/2025 15:28:46
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