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Main Floor 563 Bloor Street W in Toronto: University Commercial for sale (Toronto C01) : MLS®# C12739116

Main Floor 563 Bloor Street W Toronto M5S 1Y6 : University

Main Photo: Main Floor 563 Bloor Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12739116banner
$375,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
C12739116
Status:
Active
Bus Major:
Restaurant
Well-Established Downtown Restaurant - Strong Revenue & Attractive Lease Rare Opportunity To Acquire A Long-Standing, Well-Known Neighbourhood Restaurant In The Heart Of Downtown. Operating Successfully For Over 30 Years, This Location Has Built A Strong Reputation For Brunch, Late Night Dining, And A Vibrant Evening Atmosphere. The Business Generates Over $2 Million In Annual Revenue And Benefits From A Long-Term, Attractive Lease, Providing Stability For An Incoming Owner. The Restaurant Features A Full Commercial Kitchen, Efficient Layout, And A Loyal Customer Base With Consistent Foot Traffic. Known For Its Global Comfort Food Menu, Extensive Martini Program, And Nightly Djs, The Restaurant Continues To Perform As A Destination Spot Within The Neighbourhood. Includes The Established Business Name, Or The Buyer May Elect To Rebrand, Subject To Landlord Approval. Washroom's Are Located In The Basement. Well Suited For Experienced Owner-Operators Or Hospitality Groups Seeking A Proven Downtown Location With Strong Sales, Long-Tern Lease Security, And Flexibility For Future Concept Positioning.
Minimum Rental Term:
120
Maximum Rental Term:
180
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
16-30
Total Area:
2300 sq. ft. Square Feet
Total Area:
Switch units of measure2,300 sq. ft.
Retail Area:
2300 sq. ft. Sq Ft
Lot Depth:
Switch units of measure110'
Lot Frontage:
Switch units of measure21'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$2,100 / 2025
Assessment:
$- / -
Toronto
Toronto C01
University
Yes
None
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Business/Building Name:
Insomnia Restaurant and Lounge
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
10am - 2am
Employees:
4
Chattels:
Yes
LLBO:
Yes
Seats:
70
Date Listed:
Jan 29, 2026
Original Price:
Previous Price:
Listed by RE/MAX PREMIER INC.
Data was last updated February 4, 2026 at 12:15 AM (UTC)