686 QUEEN St E

Toronto E01 | South Riverdale | M4M 1G9

$250,000

Est. Mtg $847 /mo
  • Days on market

  • Status

Listing Broker KELLER WILLIAMS ADVANTAGE REALTY
Since listed: 1 views

Home details

MLS #:

E11933581

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:

Description


686 QUEEN St E, , Toronto, Ontario is a Sale Of Business property in Toronto E01 and in the South Riverdale community in the M4M 1G9 postal code


Turnkey Restaurant Opportunity in Prime Leslieville LocationAn exceptional opportunity to own a booming Cocktail Bar, a thriving restaurant and bar business located at the busiest intersection, in the heart of Leslieville. This beautifully renovated and fully licensed establishment offers a cozy dining room with seating for 27 guests and a secluded private patio that accommodates an additional 30 patrons. The business generates impressive and highly lucrative revenues, supported by a loyal clientele and strong weekend performance. Fantastic lease terms, providing stability and exceptional value for the location. Operating as a Cocktail Bar this location is a beloved neighborhood destination, known for its inviting atmosphere and extended weekend hours.With $150,000 worth of owned kitchen equipment, $250,000 invested in renovations and tasteful high quality upgrades, this is a fully operational, turnkey business ready for a new owner to thrive. Situated at the busiest intersection in Leslieville, surrounded by popular restaurants, bars, and retail establishments, the location boasts high visibility and consistent foot traffic.This is a rare opportunity to acquire a profitable and well-established business in one of Torontos most vibrant and sought-after neighborhoods.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 $199,000 $199,000 E9231050
2025-01 $250,000 $250,000 E11933581

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto E01 :

Average sale price

$1,099,844

Properties sold

751

New Listings

1,279

Days on Market

12

Sale $ / List $

109%

Year on Year Growth

-5.59%



Estimated running costs for 686 QUEEN St E

Based on available 3rd party data

$982

Approximate costs per month

Mortgage
$847 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker KELLER WILLIAMS ADVANTAGE REALTY
Data Source: TRREB

Payment calculator

$847 monthly. In association with: TD Bank
%
  • Principal and Interest
    847 /mo
  • Property Taxes
    $0 /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

Sandro Rocciolo, Realtor

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