
Toronto W07, ON M8X 1X9
This is a renowned restaurant with a strong base of loyal customers, located in an affluent neighborhood with a long-standing history. The current owner is retiring after over 30 years of continuous and successful operation.Situated in a high-growth area with significant future redevelopment potential, this business presents an exceptional opportunity for the right operator.The current lease has approximately 2 years remaining. The landlord is open to working with a qualified buyer on a new lease, offering the potential for a long-term arrangement including a 5-year term with a 5-year renewal option, subject to landlord approval.The sale includes all business assets, equipment, chattels, goodwill, and leasehold interest (subject to landlord approval).The space is well-suited for a variety of concepts, including Japanese cuisine, fusion, or other dining formats.
TRREB MLS® Attribution
MLS® W12980140
Listed by HOMELIFE/MIRACLE REALTY 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
$806
/month · $132,000 mortgage
Amortization
Total Interest
$109,715
Total Cost
$241,715
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE/MIRACLE REALTY LTD