72 Steeles Avenue W UNIT 5, Vaughan, ON L4J 1A1
Rare opportunity to acquire a beautifully established, turnkey dessert café situated at the premier intersection of Yonge Street and Steeles Avenue in Thornhill. Located in a high-exposure retail plaza, this business boasts exceptional visibility and prominent signage facing Steeles Avenue, drawing heavy pedestrian and vehicular traffic daily. The thoughtfully designed space features extensive leasehold improvements, renovation and premium commercial equipment, representing a significant capital investment that ensures a smooth transition for the incoming owner. Ample on-site parking further enhances convenience for both staff and a customer base. This fully operational business offers a lease with 2 years remaining plus a 5-year renewal option. The highly competitive gross rent is $3,790.45 per month, which includes TMI and HST. The purchase price includes all existing equipment, renovations, and leasehold improvements, Ex: one cake display case. An ideal, takeover opportunity for independent entrepreneurs, owner-operators, or established dessert chains looking to expand into a thriving, high-density market.
- MLS number
- N13414794
- Type
- Sale Of Business
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- L4J 1A1
- Photos
- 6
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Sale Of Business
- Class
- Commercial
- Community
- Crestwood-Springfarm-Yorkhill
- Municipality
- Vaughan
- Cross street
- yonge & steeles
- Zoning
- COMMERCIAL
Land
- Lot
- 0 × 0 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- N13414794
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-06-08
- Expires
- 2026-12-31
- Possession
- 2026-08-01
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.
Sources: York Region District School Board planning department.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Central Montessori School - Thornhill | Elementary | 176 m | Not reported |
| Global Private School | Elementary and secondary | 262 m | Not reported |
| Canadian Top Science Academy | Elementary and secondary | 262 m | Not reported |
| Green High School | Secondary | 324 m | Not reported |
| Peace School | Elementary | 461 m | Not reported |
| Outstanding International Academy | Secondary | 541 m | Not reported |
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 455 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35191058 — the few blocks around this address, home to 455 people. It describes the area, not this property.
Percentages are of the 235 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 4 still in progress.
The applicants have submitted a development proposal for 7 - 17 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles Avenue East, on the south side of Nipigon Avenue.…
City planning file →Site Plan application is for a 50-storey mixed-use building with a total residential gross floor area of approximately 37,743 square metres and 204 square metres of non-residential gross floor area. The proposed building includes 594 dwelling units.…
City planning file →Proposed development consists of a new 50-storey (155.8 metres) mixed-use building with a 6-storey podium, containing 427 residential units, a residential Gross Floor Area of 30,630 square metres, and a non-residential Gross Floor Area of 239 square metres.…
City planning file →Proposed development consists of a new 50-storey (155.8 metres) mixed-use building with a 6-storey podium, containing 427 residential units, a residential Gross Floor Area of 30,630 square metres, and a non-residential Gross Floor Area of 239 square metres.…
City planning file →An Official Plan Amendment and Zoning By-law Amendment application has been made for 7 - 17 Nipigon Avenue (the "subject lands"), generally located east of Yonge Street, south of Steeles Avenue East, on the south side of Nipigon Avenue.…
City planning file →The applicants have submitted a site plan application for 26-34 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles Avenue East.…
City planning file →The applicants have submitted a development proposal for 26-34 Nipigon Avenue (the 'subject lands'), generally located east of Yonge Street, south of Steeles Avenue East.…
City planning file →An application for an Official Plan and Zoning By-law Amendment has been made for 7-15 Steeles Avenue East, generally located at the south-east corner of the Yonge Street and Steeles Avenue intersection.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.