A-267 College Street, Toronto | Image 1

A-267 College Street

Toronto, Kensington-Chinatown

  • Commercial

$249,800
For Sale

Added 4 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: CR3(c2;r2.5*2363

  • Age: No Data

  • Taxes: 4000

  • MLS®#: C9294214

  • Days on Site: 3 Days

  • Added: Aug 31, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX MILLENNIUM REAL ESTATE

Well-established business located on Spadina Avenue, offering a bright, neat, and clean 900 sq. ft.space with 16 seats. The store is fully equipped and situated in a prime downtown location near theUniversity of Toronto, colleges, hospitals, libraries, schools, places of worship, condominium buildings, and commercial areas. This is the first location in the Greater Toronto Area (GTA) and has significant potential for growth. An excellent business opportunity with a strong base of loyal clientele and significant walk-in traffic. Convenient street parking is available, and the lease is in place for 5 years with an option for an additional 5 years. The business operates 7 days a week and is profitable with minimal staffing requirements. Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.

Extras

Walk-in cooler, walk-in freezer, range hood, prep dishwasher, single-door beverage cooler, furniture, glass display, point of sale system, and cabinets/shelves. The cooperative seller will provide 8 weeks of training to new buyers.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: to be decided

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 1-2 PL D296 TORONTO; CITY OF TORONTO

  • Taxes: $4,000

  • Taxes Type: Annual

Land

  • Cross Street: SPADINA AVE/COLLEGE

  • Municipality District: Toronto C01

  • Zoning: CR3(c2;r2.5*2363

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 500

  • Retail Area Metric: Sq Ft

  • Hours Open: 11am-1a

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 16

  • Business/Building Name: G o G r i l l

  • Financial Statement: Y

  • LLBO: N

Map of A-267 College Street, Toronto
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