2836 Victoria Park Avenue, Toronto | Image 1

2836 Victoria Park Avenue

Toronto, Pleasant View

  • Commercial

$165,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Commercial Resid

  • Age: No Data

  • MLS®#: C8223730

  • Added: Apr 11, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: REAL ONE REALTY INC.

Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $40,000 with a 20% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.

Extras

All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Pleasant View

  • Availability Date: TBD

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Tax Legal Description: PARCEL A-1, SECTION M1270 BLOCK A, PLAN M1270 TWP

  • Taxes Type: Annual

Land

  • Cross Street: Victoria Park & Finc

  • Municipality District: Toronto C15

  • Parcel Number: 100380130

  • Lot Depth: 40 Feet

  • Lot Frontage: 20 Feet

  • Zoning: Commercial Resid

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 200

  • Retail Area Metric: Sq Ft

  • Total Area: 800

  • Total Area Metric: Sq Ft

  • Hours Open: Varies

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 3

  • Business/Building Name: China China Express

  • Financial Statement: N

  • LLBO: N

Map of 2836 Victoria Park Avenue, Toronto
JK-6

Ernest Public School

Elementary: Public
0.62 km
7-8

Pleasant View Junior High School

Elementary: Public
0.29 km
JK-8

St. Kateri Tekakwitha Catholic School

Elementary: Catholic
0.63 km
JK-6

Fairglen Junior Public School

Elementary: Public
0.80 km
7-8

J B Tyrrell Senior Public School

Elementary: Public
0.52 km
JK-6

Brian Public School

Elementary: Public
0.73 km
9-12

North East Year Round Alternative Centre

Secondary: Public
1.62 km
9

Pleasant View Junior High School

Secondary: Public
0.30 km
9-12

Msgr Fraser College (Midland North)

Secondary: Catholic
2.50 km
9-12

Georges Vanier Secondary School

Secondary: Public
1.73 km
9-12

L'Amoreaux Collegiate Institute

Secondary: Public
1.88 km
9-12

Sir John A Macdonald Collegiate Institute

Secondary: Public
0.59 km
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