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$189,000
Available - For Sale
Listing ID: E13630772
Exceptional turnkey restaurant opportunity in the heart of Scarborough! Situated in a high-visibility location surrounded by established businesses and mature residential communities, this is approximately 850 sq. ft. restaurant is fully equipped and ready for immediate operation. Features include 30 indoor seats, a 30-seat outdoor patio, front and rear parking, plus additional street parking at the rear. Attractive lease terms offer low rent of approximately $4,400 per month, including TMI, with four years remaining under sublease and a renewal option. A liquor licence is also available. All chattels are excluded from the listing price. The landlord requires separate security and chattel deposits, which are negotiable. Offer acceptable under landlord consent.
Price $189,000
Taxes: $0
Tax Type: TMI
Occupancy by: Owner
Address: 516 Danforth Road , Toronto, M1K 1C7, Toronto
Postal Code: M1K 1C7
Province/State: Toronto
Directions/Cross Streets: Birchmount & Danforth Rd
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: Restaurant
Building Percentage: F
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Hours Open: 24
Employees #: 3
Seats: 60
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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RE/MAX ACE REALTY INC.

516 Danforth Road , Toronto, M1K 1C7, 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 E04
Neighbourhood: Clairlea-Birchmount
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
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