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$230,000
Available - For Sale
Listing ID: C13575608
An outstanding opportunity to own a well-established and profitable café in the heart of Yonge & Drewry, one of North York's most desirable commercial locations. Surrounded by office buildings, high-rise condominiums, schools, and residential communities, this business enjoys excellent visibility, strong foot traffic, and a loyal customer base. The café generates strong sales and an attractive net income while benefiting from an affordable gross rent of only $3,960 per month (TMI included). Utilities are paid separately, and the annual insurance premium for the unit is approximately $3,000. A new lease is available for the incoming owner. The current lease expires in September 2027 and includes an option to renew for an additional two years. Operating seven or six days a week from 8:00 AM to 9:00 PM, the business offers a simple, easy-to-manage operation with a streamlined menu and a fully equipped kitchen. The beautifully renovated interior creates a warm and inviting atmosphere, requiring no additional investment. This business also offers excellent growth potential through catering services and increasing residential density, with several new condominium developments planned nearby.
Price $230,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 23 Drewry Avenue , Toronto, M2M 1C9, Toronto
Postal Code: M2M 1C9
Province/State: Toronto
Directions/Cross Streets: Yonge And Drewry
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
Category: Without Property
Use: Cafe
Building Percentage: F
Total Area: 1,050
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Cafe Namoo
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8:00am
Employees #: 3
Seats: 45
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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HOME STANDARDS BRICKSTONE REALTY

23 Drewry Avenue , Toronto, M2M 1C9, Toronto

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

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C07
Neighbourhood: Newtonbrook West
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 1
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