$198,000 FOR SALE

Business for Sale

Restaurant

Lot: 15 x 110 ftTotal Area: 1,400 ft2
2024 Taxes: $7,500

285 Dundas St W
Toronto, ON M5T 1G1 | Kensington-Chinatown

TOTAL RENOVATED BRAND NEW RESTAURANT WITH OPEN KITCHEN. APPROX 40 SEATS. LOCATED AT A VERY BUSY AREA ON DUNDAS WEST/UNIVERSITY SURROUND BY HIGH RISE COMMERCIAL OFFICE AND APARTMENTS. FULLY EQUIPPED RESTAURANT WITH 3 WASHROOMS (HANDICAP CAPABLE). APPROVED BY CITY. SELLING OF EXISTING BUSINESS, EQUIPMENTS AND NEW RENOVATION. 1400 SQ FT MAIN FLOOR PLUS APPROX 200 SQ FT BASEMENT WITH WORKER WASHROOM.

Extras
NEW 5 YEARS LEASE ITH MONTHLY RENT AT $7,800/MONTH PLUS 80% OF PRSPERTY TAX ($500/MONTH), ALSO A 5 YEARS OPTION.

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Listed By LIVING REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9032040
Last Updated Jul 16, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Minimum Rental Term 36
Maximum Rental Term 60
Occupancy Vacant
Possession Date Immediate/TBA
Taxes (2024) $7,500
Tax Type Annual
Directions/Cross Streets University/Mccaul
Neighbourhood Kensington-Chinatown
Area Toronto
Price History
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Detailed Information
Freestanding N
Bathrooms 1
Lot 15 x 110 ft
Retail Area 1,400 ft2
Industrial Area 200 ft2
Total Area 1,400 ft2
Approximate Age 0-5
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type None
Amps 200
Days Open 7
Hours Open TBA
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement N
Expenses Actual/Estimated Est
Seats 40
Sprinklers Y
Sewers San+Storm
Water Municipal
Clear Height 9 feet
Grade Level Shipping Doors 1
Grade Level Shipping Doors Width 6 feet
Grade Level Shipping Doors Height 7 feet
Rail N
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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