1416 Gerrard Street East, Toronto | Image 1

1416 Gerrard Street East

Toronto, Greenwood-Coxwell

  • Commercial

$195,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: CR

  • Age: No Data

  • MLS®#: E9396865

  • Days on Site: 30 Days

  • Added: Oct 13, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: RE/MAX ULTIMATE REALTY INC.

THE ART OF INDIAN CUISINE!! High visibility corner in the heart of Gerrard India Bazaar and best suited to Owner/Operator or run as Family Business. Well-established neighbourhood favourite known for its Indian Buffet!! Fully equipped kitchen with 11' hood, Tandoor + LLBO. All Chattels included. Huge corner patio licensed for 60 ppl with full cover awnings to keep diners dry during summer rain showers.

Extras

Current total monthly rent $6,780 (includes TMI & HST) Current Term expires FEB 28 2027 + 1x 5yr Renewal Tenant pays 60% of Building Water Consumption

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Greenwood-Coxwell

  • Availability Date: soon

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: Hiawatha Road

  • Municipality District: Toronto E01

  • Sewer: San+Storm

  • Zoning: CR

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 1800

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 1800

  • Total Area Metric: Sq Ft

  • Hours Open: 12-9

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Seats: 60

  • Soil Test: N

  • Business/Building Name: Gautama (Indian Buffet Restaurant)

  • Financial Statement: Y

  • LLBO: Y

Map of 1416 Gerrard Street East, Toronto
JK-8

Equinox Holistic Alternative School

Elementary: Public
0.07 km
JK-6

ÉÉC Georges-Étienne-Cartier

Elementary: Catholic
0.69 km
JK-8

Roden Public School

Elementary: Public
0.17 km
JK-8

Earl Haig Public School

Elementary: Public
1.00 km
JK-8

Duke of Connaught Junior and Senior Public School

Elementary: Public
0.72 km
JK-8

Bowmore Road Junior and Senior Public School

Elementary: Public
0.81 km
9-12

School of Life Experience

Secondary: Public
1.13 km
9-12

Subway Academy I

Secondary: Public
1.34 km
9-12

Greenwood Secondary School

Secondary: Public
1.13 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
0.81 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
0.75 km
9-12

Riverdale Collegiate Institute

Secondary: Public
1.00 km
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