985 Pape Avenue, Toronto

Investment User Opportunity – For Sale

Asking Price $825,000.00


  • Approx. 1,700 sq. ft. above grade plus basement with prep area and walk-in fridge.
  • Restaurant on the main floor and basement with rear patio – owner occupied.
  • Licensed for 24 inside and 28 on outside patio.
  • 2nd floor apartment rented to A-1 Tenant at $788 per month plus separately metered hydro, month to month.
  • Parking for 2 cars accessed off lane in rear.
  • Excellent opportunity for used looking to take over existing restaurant or investor.


  • Located in Pape Village, an established neighbourhood retail node experiencing gentrification with great traffic counts.

Additional Resources:


  • Lot 18′ x 100′
  • Building 1,700 sq. ft.

Property Map: