Added 3 weeks ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Fast Food/Take Out
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Zoning: Commercial
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Age: No Data
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Taxes: 3310
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MLS®#: C11914334
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Added: Jan 08, 2025 (3 weeks ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
An ideal take out restaurant is available for conversion at the bustling intersection of Yonge & St. Clair. This 1117 sq ft unit is ready for any cuisine subject to Landlord's approval. Plenty of space for seating in the back dining area and a high and dry basement for your storage needs. The lease has fantastic rent with term until November 2029 plus an option to renew the lease for an additional 5 years. Surrounded by office towers, residential tenants and local businesses, this location is sure to be a hit for your new or expanding take out restaurant. Equipped with an exhaust hood, 4 burner stove, flat top, deep fryer, 3 compartment sink, 2 door stand up fridge, 2 door salad fridge, seating for 20, and much more. Please do not go direct or speak to staff.
Extras
* Net Rent = $4,146.85 * TMI = $3,310.85 * Lease Expires November 2029 * 5 Year Option To Renew * 4 Foot Hood, 4 Burner Stove, Flat Top, Fryer * 1117 Sq Ft * 20 Seats * & More * Please Do Not Go Direct Or Speak To Staff *
Property
Status: Sale
Type: Fast Food/Take Out
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: Yonge-St. Clair
Availability Date: TBD
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Building
Basement: Y
Heat Type: Gas Forced Air Open
Water Supply: Municipal
Parking
Garage Type: Street
Fees
Tax Year: 2024
Taxes: $3,310
Taxes Type: T.M.I.
Land
Cross Street: Yonge & St. Clair
Municipality District: Toronto C02
Zoning: Commercial
Commercial Specific
Number of Employees: 5
Retail Area: 1117
Retail Area Metric: Sq Ft
Total Area: 1117
Total Area Metric: Sq Ft
Hours Open: 9-5
Days Open: 5
Franchise: N
Tangible Property Included: Y
Lot Code: Building
Seats: 20
Financial Statement: N
LLBO: N
Spectrum Alternative Senior School
Elementary: PublicCottingham Junior Public School
Elementary: PublicOur Lady of Perpetual Help Catholic School
Elementary: CatholicDavisville Junior Public School
Elementary: PublicDeer Park Junior and Senior Public School
Elementary: PublicBrown Junior Public School
Elementary: PublicMsgr Fraser College (Midtown Campus)
Secondary: CatholicMsgr Fraser-Isabella
Secondary: CatholicSt Joseph's College School
Secondary: CatholicMarshall McLuhan Catholic Secondary School
Secondary: CatholicNorth Toronto Collegiate Institute
Secondary: PublicNorthern Secondary School
Secondary: Public
