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$399,000
Available - For Sale
Listing ID: W8483078
Beautifully built-out authentic Italian restaurant available for conversion in the heart of Bloor West Toronto. This full-service, fully licensed concept features a relaxed atmosphere suitable for any occasion and offers an ideal space for special events, celebrations, work meetings, and more. This location boasts a 24-seat street front patio and is situated at the base of a 278-unit condo in the affluent South Kingsway/High Park neighbourhood. Surrounded by residential and commercial businesses, this immaculate restaurant presents excellent exposure for your next concept. There's a 12 foot exhaust hood with fryers, 8 burner stove, rational oven, 2 wood burning pizza ovens, walk-in fridge and freezer and so much more. A truly remarkable restaurant.
Extras:   * LLBO = 62 Inside + 24 Patio * Gross Rent = $9,500 + HST (includes sublease income of $4,000/month)* 10 Years Remaining + 5 Year Option To Renew *
Price $399,000
Taxes: $15
Tax Type: T.M.I.
Assessment Year: 2023
Occupancy by: Tenant
Address: 1 Old Mill Dr , Toronto, M6S 0A1, Ontario
Postal Code: M6S 0A1
Province/State: Ontario
Directions/Cross Streets: Bloor St W & South Kingsway
Zoning: Commercial
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 2,750
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 12pm-10
Employees #: 15
Seats: 86
LLBO: Y
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

1 Old Mill Dr , Toronto, M6S 0A1, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: High Park-Swansea
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Lot Size: 0.00 x 0.00(Feet)
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Tax: $15
Maintenance Fee: $0
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