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• 1923C Avenue Rd, Toronto, ON M5M 4A2

$749,000 ^{FOR SALE}

Business for Sale

Restaurant

Lot: 20.21 x 125.16 ftTotal Area: 1,700 ft²

1923C Avenue Rd
Toronto, ON M5M 4A2 | Bedford Park-Nortown

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Profitable and high performing restaurant on Avenue Road in North York available! Old Avenue Restaurant specializes in southern Caucasus cuisine and it has been a big hit since opening in 2022. The sales are impressive and the profit margins are even better. Full training to be provided to a qualified buyer.1,700 sq ft layout that is easy to staff and manage for a owner, and this business is run hands-off meaning that the owner does not work there. Please do not go direct or speak to staff or ownership.

Extras

Great lease rate of $7,230 Gross Rent including TMI with 3 + 5 + 5 years remaining. Liquor license capacity of 28 inside and 12 on the covered patio with bring your own wine. 1 walk-in fridge and a 9 ft commercial hood in the kitchen.

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Listed By	ROYAL LEPAGE SIGNATURE REALTY
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	C9253519
Last Updated	Aug 14, 2024

Property Summary

Property Type	Business For Sale More like this: Toronto Business For Sale
Use	Restaurant
Franchise	Non-Franchise
Business/Building Name	Old Avenue Restaurant
Category	Without Property
Legal Description	Lot 69, Plan 2529 ; PT Lot 70, Plan 2529 , AS IN T
Occupancy	Tenant
Possession Date	TBD
Directions/Cross Streets	Avenue Rd & Brooke Ave
Neighbourhood	Bedford Park-Nortown
Area	Toronto

Price History

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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information

Freestanding	N
Bathrooms	3
Lot	20.21 x 125.16 ft
Retail Area	1,700 ft2
Total Area	1,700 ft2
Elevator	None
Air Conditioning	Y
Basement	Y
Chattels	Y
Garage Type	Outside/Surface
Parking Spaces	1
Amps	600
Volts	200
Days Open	7
Hours Open	11-10
LLBO	Y
Employees	6
Heat Type	Gas Forced Air Closd
Financial Statement	N
Outside Storage	N
Soil Test	N
Seats	40
Sprinklers	Y
Sewers	San+Storm
Utilities	A
Water	Municipal
Crane	N
Rail	N
Survey	N
Lot/Bldg/Unit Code	Lot
Zoning	Business Commercial
Seller Property Info Statement	N

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