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$288,000
Available - For Sale
Listing ID: C8296614
**CORNER OF SPADINA/DUNDAS, MAJOR PRIME INTERSACTION, FULLY NEW RENOVATION RESTAURANT BUSINESS FOR SALE, 60 SEATINGS, NEW EQUIPMENTS NEXT TO REXALL DRUG STORE, STREET CAR STOP RIGHT AT CORNER. EXTREMLY BUSY TRAFFIC AND GREAT EXPOSURE. VERY LONG EXISTING LEASE PLUS OPTION. PRESENT RENT $9235/MO, TMI $3386.16/MO INCLUDING WATER.
Extras:   All existing restaurant, new renovation and equipments, present lease until April 30, 2030. Plus 5 Yrs option. PLUS 5 YRS OPTION. Tenant pay gas, hydro, and garbage collection.
Price $288,000
Minimum Rental Term: 84
Maximum Rental Term: 144
Taxes: $3,386.16
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 492 Dundas St West , Toronto, M5T 2E6, Ontario
Postal Code: M5T 2E6
Province/State: Ontario
Lot Size: 73 x 140 (Feet)
Directions/Cross Streets: Dundas West/Spadina Ave
Zoning: Commercial
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 1,847
Total Area Code:  Sq Ft
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Industrial Area: 0
Office/Appartment Area Code: Sq Ft
Retail Area: 1847
Retail Area Code: Sq Ft
Business/Building Name: Rua De Macau Restaurant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11 - 9P
Employees #: 4
Seats: 60
LLBO: N
Expenses Actual/Estimated: $Est
Sprinklers: Y
Rail: N
Clear Height Feet: 10
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 1
Height Feet: 7
Width Feet: 6
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LIVING REALTY INC.

492 Dundas St West , Toronto, M5T 2E6, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: 73.00 x 140.00(Feet)
Approximate Age:
Tax: $3,386.16
Maintenance Fee: $0
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Garage: 0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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