2 F 556 Yonge Street, Toronto Bay Street Corridor

  • Bathrooms: 2
  • Living area: 4122 square feet
  • Type: Commercial
  • Added: 86 days ago
  • Updated: 15 days ago
  • Last Checked: 20 hours ago
In the heart of downtown Toronto, right next to Yonge and Wellesley Streets, lies a thriving board game cafe perfectly positioned to attract today's young crowd. This centrally located business boasts a spacious 4,122 sq ft across two floors. Completely renovated and equipped by the current owner for approximately $420,000, the cafe is move-in ready for continued success. The open lower floor offers a welcoming atmosphere with 10 tables, 40 seats, and a massive library of over 200 board games, catering perfectly to both couples and larger groups. Head upstairs and you'll find 8 private rooms ideal for a more intimate gaming experience, each equipped with automatic Mahjong tables. But the fun doesn't stop there! A convenient mini mart ensures you have all the snacks and drinks you need for your game night, while the kitchen, complete with LCBO licensing, allows you to enjoy alcoholic beverages as well. The current lease offers attractive terms with a monthly rent of approximately $22,179 (including TMI) and a remaining term of 5.3 years with a 5-year renewal option. Open seven days a week, the cafe caters to both weekday and weekend crowds, operating from 5 pm to 1 am Monday through Thursday and extended hours from 2 pm to 1 am on Fridays through Sundays. With sales steadily increasing as the cafe gains more popularity, this is a prime opportunity to step into a turn-key business with all the amenities, equipment, and licenses already in place for guaranteed success.

Property Details

  • Cooling: Fully air conditioned
  • Heating: Forced air, Natural gas

Interior Features

  • Living Area: 4122

Exterior & Lot Features

  • Water Source: Municipal water
  • Lot Size Dimensions: 23.08 x 123 FT

Location & Community

  • Directions: Wellesley St & Yonge St

Tax & Legal Information

  • Tax Annual Amount: 1000
  • Zoning Description: Commercial Residential Zone (CR3)
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Nearby Places

Name
Type
Address
Distance
Fran's
Restaurant
20 College St
0.4 km
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Jarvis Collegiate Institute
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0.6 km
Panorama Lounge
Night club
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0.7 km
Canadian Business College
University
2 Bloor St W
0.7 km
Windsor Arms Hotel
Lodging
18 St Thomas St
0.7 km
Gardiner Museum
Restaurant
111 Queens Park
0.8 km
Toronto Reference Library
Library
789 Yonge Street
0.8 km
Allan Gardens
Park
19 Horticultural Ave
0.9 km
Phoenix Concert Theatre
Night club
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0.9 km
Trinity College
School
6 Hoskin Ave
0.9 km

Demographic Information

Neighbourhood Education
Master's degree 105
Bachelor's degree 205
University / Above bachelor level 10
College 45
Degree in medicine 50
University degree at bachelor level or above 405
Neighbourhood Marital Status Stat
Married 200
Widowed 10
Divorced 35
Separated 10
Never married 460
Living common law 75
Married or living common law 275
Not married and not living common law 515
Neighbourhood Construction Date
1981 to 1990 15
1991 to 2000 135
2001 to 2005 235
2006 to 2010 90
1960 or before 10
More Details?
  • JENNY MIAO
  • REAL ONE REALTY INC.
  • 905-281-2888