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$299,000
Available - For Sale
Listing ID: E12532238
Morgans on the Danforth is a longstanding and highly successful restaurant and bar located on one of the Danforth's coolest and most vibrant blocks. The space is fully licensed for 60 seats inside plus 12 on the street patio, with the potential to expand seasonally through the CaféTO program. The restaurant spans 1,200 sq ft and features a full commercial kitchen equipped with a 9-ft commercial hood and a large walk-in fridge. The layout includes a solid bar and an additional seating area at the back, ideal for private parties or events. This is a turnkey opportunity available with training, or it can be converted to suit a different concept or cuisine. Lease rate is $7,256 Gross Rent including TMI with 4 + 5 years remaining. Please do not go direct or speak to staff.
Price $299,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 1282 Danforth Avenue , Toronto, M4J 1M6, Toronto
Postal Code: M4J 1M6
Province/State: Toronto
Legal Description: PT LT 388 N/S DANFORTH AV PL 509E TORONT
Directions/Cross Streets: Danforth Ave & Greenwood Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 0
Employees #: 10
Seats: 72
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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ROYAL LEPAGE SIGNATURE REALTY

1282 Danforth Avenue , Toronto, M4J 1M6, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Danforth
Style:
Lot Size: x 100.15(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949