$ 229,900
1993 Yonge ST Toronto C10, ON M4S 1Z8
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$ 229,900
Est. payment | /mo
2,184 SqFt
$ 229,900
Est. payment | /mo
2,184 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $105
MLS Listing ID C9032352
Annual Tax Amount $36,192
Tax Year 2023
Property Description
Rare investment opportunity in the heart of Midtown, just steps away from Yonge and Eglinton. This turnkey restaurant and bar, licensed by the L.L.B.O. for 64 patrons, is situated in a high foot traffic area surrounded by high-profile businesses and existing and developing condos.The property features a fully renovated and equipped dining area, an upstairs bar, and an outdoor patio, all with high ceilings. The full basement includes a prep area, walk-in fridge, storage, and bathrooms. The main floor offers a fully furnished dining room, an outdoor patio, and a fully equipped main kitchen. The upper floor boasts a full bar/lounge area, bathrooms, and a staff room. Lease terms include 3+ years remaining with options for two additional 5-year extensions. Monthly net rent is $5500.* EXTRAS * The building is newly renovated with numerous upgrades. All chattels, equipment, furniture, and modern dinnerware are included - a list is available upon request. The restaurant has a very high rating. The owner is willing to provide training.
Location
Province ON
County Toronto
Community Major Highway, Public Transit
Area Mount Pleasant West
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Parking Type None
Listed by VENTURE REAL ESTATE CORP.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "