B1-12 Cumberland Street, Toronto | Image 1

B1-12 Cumberland Street

Toronto, Annex

  • Commercial

$199,999
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: CR3(c1.75;r3*219

  • Age: No Data

  • Taxes: 25

  • MLS®#: C11985644

  • Days on Site: 5 Days

  • Added: Feb 19, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CITY COMMERCIAL REALTY GROUP LTD.

Rare Yorkville restaurant opportunity; Retirement sale of long established operation. Can be re-branded to any style of food service; Fully fixtured (list of chattels available), full kitchen, front patio area with seating occupancy of 15 patrons, AGCO licensed for 83 patrons; double frontage in the heart of the latest high end condo developments; new lease extension of 5 years + 5 year option to renew. Has laneway rear access with predominant exposure at major transit station area. Call listing agent for more details and showings. DO NOT GO DIRECT OR SPEAK TO STAFF.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Toronto

  • Community: Annex

  • Availability Date: Available upon

  • Assessment Amount: $7,672,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

  • Amps: 100

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 21 CON 2 FTB TWP OF YORK AS IN CA190240; CITY OF TORONTO

  • Taxes: $25

  • Taxes Type: T.& O.

Land

  • Cross Street: Bloor St. and Yonge

  • Municipality District: Toronto C02

  • Parcel Number: 211970157

  • Lot Depth: 80 Feet

  • Lot Frontage: 35.33 Feet

  • Zoning: CR3(c1.75;r3*219

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 2400

  • Retail Area Metric: Sq Ft

  • Total Area: 2400

  • Total Area Metric: Sq Ft

  • Hours Open: 12:00 -

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 98

  • Business/Building Name: Kathmandu Inc.

  • Financial Statement: N

  • LLBO: Y

Walker's Paradise

  • Daily errands do not require a car.
100 /100

Rider's Paradise

  • Daily errands do not require a car.
91 /100

Very Bikeable

  • Most errands can be accomplished on bike.
85 /100
7-8

Collège français élémentaire

Elementary: Public
1.30 km
JK-6

Cottingham Junior Public School

Elementary: Public
1.20 km
JK-6

Rosedale Junior Public School

Elementary: Public
0.89 km
JK-8

Orde Street Public School

Elementary: Public
1.44 km
JK-6

Church Street Junior Public School

Elementary: Public
1.09 km
JK-8

Jesse Ketchum Junior and Senior Public School

Elementary: Public
0.39 km
9-12

Native Learning Centre

Secondary: Public
1.08 km
9-12

Subway Academy II

Secondary: Public
1.81 km
9-12

Collège français secondaire

Secondary: Public
1.28 km
9-12

Msgr Fraser-Isabella

Secondary: Catholic
0.91 km
9-12

Jarvis Collegiate Institute

Secondary: Public
1.07 km
9-12

St Joseph's College School

Secondary: Catholic
0.77 km
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