Toronto C01, ON M6J 2Z7
An exceptional opportunity to acquire a fully built-out hospitality venue at 172 Ossington Ave in Toronto, located in one of the city's most vibrant and sought-after nightlife corridors. This approximately 3,990 sq. ft. space spans two floors and is licensed for up to 150 patrons, making it ideal for a lounge, bar, or club concept. There is plenty of Lease term remaining with the Lease in place until 2034 with an additional 5 year renewal option. The main floor offers a turnkey social bar atmosphere designed for high-energy operations, complemented by a small kitchen suitable for light food service. The basement includes ample washroom facilities to support full capacity. The second floor is currently sub-leased with three years remaining, providing stable supplementary income. Positioned in the heart of the dynamic Ossington strip, this is a rare opportunity for operators to establish or expand in a high-traffic, trend-setting location.
TRREB MLS® Attribution
MLS® C13076702
Listed by ROYAL LEPAGE REAL ESTATE SERVICES 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
Est. Monthly Payment
$1,460
/month · $239,200 mortgage
Amortization
Total Interest
$198,817
Total Cost
$438,017
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.