Toronto E04, ON M1P 2E3
Turn-Key Restaurant with a fully licensed LLBO permit. Located in a high-traffic area in the heart of Scarborough with excellent visibility. The space can be adapted to a wide range of cuisines and restaurants. All furniture and other equipment are included in the sale price,providing a turnkey solution for a buyer ready to step in and operate immediately Seating capacity of 92-96, 2-Party Rooms, 2 offices.Monthly Rent: $9,700 including TMI with water and Heat included.Current Lease 3+2-year: 3-year finishing in September 2026. An option to sign a new lease.Gross annual revenue approx $500,000 Tenants can put their own signboard. Plenty of outdoor Parking Available.This business presents a solid foundation with great potential for growth in a vibrant neighborhood. Don't Miss this Excellent Opportunity!
TRREB MLS® Attribution
MLS® E13101842
Listed by ROYAL LEPAGE TERREQUITY REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$1,220
/month · $199,920 mortgage
Amortization
Total Interest
$166,168
Total Cost
$366,088
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE TERREQUITY REALTY