220 Yonge Street, Toronto | Image 1

220 Yonge Street

Toronto, Bay Street Corridor

  • Commercial

$149,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Business Commerc

  • Age: No Data

  • MLS®#: C9391043

  • Days on Site: 36 Days

  • Added: Oct 09, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Premium Freshii franchise location in the CF Toronto Eaton Centre in downtown Toronto. This mall location at the south end of the mall is located in Canada's busiest shopping in the heart of the city.Surrounded by 5 office towers, city hall, and subway stations at both the north and south ends. This is a great 370 sq ft unit that is easy to manage and staff with minimal labour costs. Full support and training from head office pending franchisor approval. Franchise rate of 6% + 1.5%. Please do not go direct or speak to staff.

Extras

Lease rate of $18,333 including TMI with 8 + 5 years remaining. Great modern buildout with no major renovations required and 1 walk-in fridge. Currently run hands-off. History of impressive sales and margins.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Bay Street Corridor

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: Plaza

  • Covered Parking Spaces: 100

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 7-18 SEC A2A; UNIT 17 PL D282 TORONTO SAVE AND

  • Taxes Type: T.M.I.

Land

  • Cross Street: Yonge & Dundas St W

  • Municipality District: Toronto C01

  • Sewer: San+Storm

  • Lot Depth: 476.46 Feet

  • Lot Frontage: 701.33 Feet

  • Zoning: Business Commerc

Commercial Specific

  • Number of Employees: 7

  • Rail: N

  • Retail Area: 370

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 370

  • Total Area Metric: Sq Ft

  • Hours Open: 8:30-9

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Seats: 100

  • Soil Test: N

  • Business/Building Name: Freshii

  • Financial Statement: N

  • LLBO: N

7-8

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