4&5-1101 Finch Avenue West, Toronto | Image 1

4&5-1101 Finch Avenue West

Toronto, York University Heights

  • Commercial

$298,000
For Sale

Added 9 hours ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: N/A

  • Age: No Data

  • Taxes: 8.46

  • MLS®#: W11899849

  • Added: Dec 22, 2024 (9 hours ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RE/MAX HALLMARK REALTY LTD.

A fantastic opportunity to own a newly renovated, fully equipped restaurant and banquet hall offering Persian and international cuisine. Located in a high-traffic area near York University, Finch West Station, major highways, and transit hubs, this venue is ideal for dine-in, take-out, and events.Spanning 7,350 sq. ft., the property features a 3800 sq. ft. banquet hall accommodating 150-200 guests for weddings, parties, and events. The restaurant offers indoor seating for 90 guests and 32 VIP rooms for private dining or small parties. Theres also an optional patio, separate take-out entrance, and ample parking for customers.The professional kitchen is fully outfitted with two hood vents, fire suppression systems, walk-in coolers and freezers, as well as additional storage space in. The property includes seven washrooms, BBQ tables, and is equipped for Uber Eats and Door Dash.This well-established restaurant has over $700,000 in upgrades, with all chattels and fixtures included. With three years left on the current lease and a 5+5 year renewal option, this is a secure investment for a family business or rebranding opportunity. The property is suitable for any cuisine and offers significant potential for growth and expansion in a thriving commercial and residential area. Don't miss out on this turn-key opportunity to own a successful restaurant and banquet hall with endless possibilities. Oven and Dishwasher are not included (see rental items). Contact us for more details!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: York University Heights

  • Availability Date: Immidiate

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Visitor

Fees

  • Tax Year: 2024

  • Taxes: $8

  • Taxes Type: T.M.I.

Land

  • Cross Street: Finch & Dufferin

  • Municipality District: Toronto W05

  • Parcel Number: 101780051

  • Zoning: N/A

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 7350

  • Retail Area Metric: Sq Ft

  • Total Area: 7350

  • Total Area Metric: Sq Ft

  • Hours Open: 10AM-10

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 150

  • Financial Statement: N

  • LLBO: N

JK-4

Wilmington Elementary School

Elementary: Public
0.84 km
5-8

Charles H Best Middle School

Elementary: Public
0.97 km
JK-8

St Jerome Catholic School

Elementary: Catholic
2.52 km
JK-5

Derrydown Public School

Elementary: Public
2.07 km
1-8

Louis-Honore Frechette Public School

Elementary: Public
2.85 km
JK-6

Rockford Public School

Elementary: Public
2.57 km
9-12

North West Year Round Alternative Centre

Secondary: Public
3.12 km
9-12

C W Jefferys Collegiate Institute

Secondary: Public
2.59 km
9-12

James Cardinal McGuigan Catholic High School

Secondary: Catholic
1.85 km
9-12

Vaughan Secondary School

Secondary: Public
3.35 km
9-12

William Lyon Mackenzie Collegiate Institute

Secondary: Public
1.67 km
9-12

Northview Heights Secondary School

Secondary: Public
2.12 km
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