164 The Esplanade Avenue
Waterfront Communities C8 / Toronto C08, ON M5A 4H2
About This Property
Opportunity to purchase this successful & well established local licensed pizzeria restaurant with an appetizing menu in business for over 28 years. Within a short walk to the St. Lawrence Market & Community Recreation Centre, across the street from the doggy park & within minutes of The Gardner & the Waterfront. With a licensed dining room/bar for Approx. 38 patron's and a licensed covered patio for Approx. 30 patron's. Exclusive use of 2 rear parking spaces with 3 other spaces that can be used when available. High traffic high density location with over 1500 new luxury condo units just completed in a master planned community at Time & Space by The Pemberton Group within immediate proximity of the restaurant. Terrific Co-Op lease in place with the city with 4.5 years remaining + 5 year option with no issues renewing with very little to no increases. Sellers have spent approx. 80k on chattels and renovations in past couple of years. ****This Restaurant Was The Proud Recipient Of The 2024 Restaurant Guru Award**** Known Locally By Many For Their Famous Pizza
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® C12957762
Listed by CENTURY 21 PERCY FULTON LTD.
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
Mortgage Estimate
Est. Monthly Payment
$1,216
/month · $199,200 mortgage
Amortization
Total Interest
$165,570
Total Cost
$364,770
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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