Excellent opportunity to purchase an established, free-standing restaurant located on a prime intersection in East York. Fully-equipped restaurant with L.L.B.O. for 48 seats + 46 seat enclosed patio, complete grill kitchen with 3 exhaust hoods all built to code (1-20 ft, 1-6ft, & 1 5 ft hood), steam tables, counter fridges, 2 walk-in coolers, 1 walk-in freezer, glass washer, & dishwasher. All equipment owned. Includes separate BBQ cooking room for large rotisserie spit for grilling all kinds of meats. 13 parking spaces for customers. Lease 3 years + 5 + 5 + 5 years options to renew. Rent $15,100/Month includes T.M.I. & H.S.T. Note: Staff willing to stay. Brand name and goodwill NOT included. If buyer wants brand name, then price is $1.4M and includes catering unit next door for storage & prep, food truck, & delivery van - mostly take-out & catering business. Please do not talk to staff/customers - please visit with appointment only.
Address
Address hidden
List Price
$199,000
MLS® Status
Price Change
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto E03
Sub-Area
East York
Region
Toronto
Lot Type
Lot
Lot Size Units
Feet
Total Building Area
2000
Occupant Type
Owner
Cross Street
Pape/O'Connor
MLS® Number
E12644444
Listing Brokerage
HOMELIFE/BAYVIEW REALTY INC.
Basement
No
Postal Code
M4J 2S4
Posession Details
Immediate
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling Features
Yes
Garage Type
Outside/Surface