582 Yonge Street, Toronto
Highly recognized and well-established Korean rice dog franchise in the heart of downtown Toronto. Ideally situated in a high-traffic location with exceptional exposure, this turnkey business benefits from strong pedestrian traffic year-round, attracting locals, office workers, students, and tourists alike.Currently operating as a successful takeout restaurant with a 20-seat dine-in area, this business is easy to manage with minimal owner involvement. Monthly gross sales are approximately $70,000 (as per the seller), with food costs averaging 28-30%, offering an efficient and profitable operating model.The lease includes no demolition clause, providing added security and long-term peace of mind for the purchaser. An excellent opportunity to acquire a proven franchise in one of Toronto's busiest and most desirable commercial districts. (id:1945)
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Property details for 582 Yonge Street, Toronto
- Type
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 582 Yonge Street
Active Listings
1648
Min Price
$1
Max Price
$23,985,000
Avg Price
$1,230,021
Days on Market
67
days
Sold Listings
657
Min Sold Price
$1
Max Sold Price
$11,500,000
Avg Sold Price
$1,028,212
Days until Sold
66
days
Neighbourhood Census Data
Toronto, Ontario
Population
1,180
Median Age
28.2
Median Income
$26,901
Dwelling Value
$449,783
Housing Tenure
Owners 43%
Renters 56%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.6
Pop. Density: 59,000.0/km²
Avg Shelter Cost: $1,604/mo
Owners with Mortgage: 59%
Owners Spending 30%+: 57.4%
Tenants Spending 30%+: 59.7%
English only: 84.3%
English and French: 13.1%
Neither: 2.5%
Median Household Income: $45,248
Median Employment Income: $39,648
Price History
Listed
July 1, 2026
by Royal LePage Real Estate Associates
Current Price
$279,900
-6.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $279,900 | $19,100 (-6.4%) |
| Sep 10, 2026 | $299,000 | Listed |
