B1-12 Cumberland Street North, Toronto | Image 1

B1-12 Cumberland Street North

Toronto, Annex

  • Commercial

$199,999
For Sale

Added 2 months 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: 15 Days

  • Added: Feb 19, 2025 (2 months ago)

  • Updated:

  • Last Checked: 1 month 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. 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
Map of B1-12 Cumberland Street North, Toronto
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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