143 Clarence Street, Unit 2
143 Clarence Street, Unit 2
$249,000
$249/sq ft · 23 days on market
About This Listing
Excellent opportunity to acquire a well-established restaurant in a busy, high-traffic plaza with plenty of customer parking. This 1,000 sq. ft. unit is clean, well maintained, and offers seating for approximately 30 guests, making it ideal for both dine-in and takeout service.The business currently generates average monthly sales of approximately $40,000, with steady growth and a loyal local customer base. Known for its popular street food menu, this restaurant has built strong recognition in the area.Affordable rent at $5,025/month, including TMI. Lease in place until 2028, with two additional 5-year renewal options available.A great turnkey opportunity for an owner-operator, entrepreneur, or investor looking to take over a profitable business in a prime location.
| Monthly Mortgage (P&I) | $1,085 |
| Property Tax (est.) | $135 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $1,220 |
Down payment: $49,800 (20.0%) · Mortgage: $199,200
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RIGHT AT HOME REALTY
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: August 23, 2026 at 10:25 a.m.