1228 King Street West, Toronto | Image 1

1228 King Street West

Toronto, South Parkdale

  • Commercial

$199,000
For Sale

Added 17 hours ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • Taxes: 14000

  • MLS®#: W11962866

  • Added: Feb 07, 2025 (17 hours ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KINGSWAY REAL ESTATE

Money-Making, Non-Franchise Restaurant Business For Sale in Sought After and Developing Area of Parkdale- Right on Busy King St W. Serving Authentic Tibetan Cuisine for Dine-in/Take-out. Sales Approx. $25k/Month and Growing Fast! Over 100 Google Reviews w/ 4.9 Stars. Approx. 30 seats. Can Also be Rebranded to Any Other Type of Cuisine. Lots of Brand New Equipment with Warranty. Brand New Build-Out in 2024 including plumbing, electrical, hood and more. Excellent Rent- Only $3575 Base+TMI+HST. 3+5 Years Remaining w/No Demolition Clause! Very Popular Location and Go-To Foodie Destination Currently Going Through Residential Intensification w/Brand New Condos Across the Street and High-Density Apartment Building Clusters just South of King St W.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: South Parkdale

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2025

  • Taxes: $14,000

  • Taxes Type: T.M.I.

Land

  • Cross Street: KING & DUFFERIN

  • Municipality District: Toronto W01

  • Parcel Number: 213020327

  • Lot Depth: 76.2 Feet

  • Lot Frontage: 19.15 Feet

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1000

  • Retail Area Metric: Sq Ft

  • Hours Open: 12

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 30

  • Financial Statement: Y

  • LLBO: N

JK-6

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Holy Family Catholic School

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St Ambrose Catholic School

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Alexander Muir/Gladstone Ave Junior and Senior Public School

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Parkdale Collegiate Institute

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St Mary Catholic Academy Secondary School

Secondary: Catholic
2.10 km
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