4750 Yonge St

Toronto C07 | Lansing-Westgate | M2N 0J6
  • 700.0 sqft
  • 0 gar

Ask: $119,000 $98,000

Est. Mtg $332 /mo
  • Days on market

    97

  • Status

    A

Listing Broker REAL ONE REALTY INC.
Since listed: 3 views

Home details

MLS #:

C11823658

Property type:
Sale Of Business
Style:
Taxes:
$1,000
Possession:
TBD
Condo Fee:
Lot Size:
17.5 X 40.0
Zoning:
RD, UNASSIGNED, CR
Use:
Food Court Outlet
Heat:
Gas Forced Air Open

Description


4750 Yonge St, 139, Toronto, Ontario is a Sale Of Business property in Toronto C07 and in the Lansing-Westgate community in the M2N 0J6 postal code


This well-established restaurant is located in the food court of a bustling Uptown Toronto shopping mall, at the intersection of Yonge Street and Sheppard Avenue. Spanning approximately 700 square feet, the eatery has been generating annual sales of around $450,000. The monthly rent is $7,700 (incl. TMI & HST). The current lease has 1.5 years remaining, with a 5-year renewal option. The restaurant operates six days a week from 12:00 PM to 8:45 PM, offering a manageable schedule. Equipped with a fully functional commercial kitchen with a 7-foot hood fan, this business offers a stable income stream with minimal overhead costs. The current setup requires only two staff members to run daily operations, allowing the owner to maintain substantial profits. The surrounding area is diverse and multicultural, offering a dynamic market. The premises are independently owned, providing flexibility for the new owner to potentially adapt the cuisine to suit the evolving market demands. Due to other commitments, the owner is reluctantly selling this profitable venture. This presents a unique opportunity for a new owner to step into a turnkey operation in a high-traffic location. **EXTRAS** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence..

Extras

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Payment calculator

$415 monthly. In association with: TD Bank
%
  • Principal and Interest
    332 /mo
  • Property Taxes
    $83 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Rena Alessa, Realtor

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