62-40 Magnetic Drive, Toronto | Image 1

62-40 Magnetic Drive

Toronto, York University Heights

  • Commercial

$129,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 7.9

  • MLS®#: W9297795

  • Added: Sep 04, 2024 (2 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE TEAM ARORA REALTY

Sale of business of a successful Commercial kitchen /Food Processing/Catering/Take out restaurant. 5 minutes Drive YORK UNIVERSITY. Ample Plaza parking, Surrounded By Amenities And Public Transit. Lots of Tiffin & Catering business with potential to increase student clientele. Major Highways - 407, 400, Hw 7. Prime intersection - Steeles Ave W/Dufferin. Landlords will sign New Lease - Estimated NET RENT Approx - $16 per sq.ft + TMI - Approx $7.90.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: York University Heights

  • Availability Date: TBA

Inside

  • Air Conditioning: Part

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes: $8

  • Taxes Type: T.M.I.

Land

  • Cross Street: Dufferin St & Steele

  • Municipality District: Toronto W05

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 4

  • Shipping Doors Truck Level: 1

  • Retail Area: 20

  • Retail Area Metric: %

  • Total Area: 2000

  • Total Area Metric: Sq Ft

  • Hours Open: 12-10 P

  • Industrial Area Size: 80

  • Industrial Area Metric: %

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 5

  • Financial Statement: Y

  • LLBO: N

Map of 62-40 Magnetic Drive, Toronto
JK-4

Wilmington Elementary School

Elementary: Public
1.81 km
JK-8

St Joseph The Worker Catholic Elementary School

Elementary: Catholic
2.18 km
JK-8

Charlton Public School

Elementary: Public
1.79 km
JK-8

Our Lady of the Rosary Catholic Elementary School

Elementary: Catholic
1.50 km
JK-8

Glen Shields Public School

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1.32 km
1-8

Louis-Honore Frechette Public School

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1.59 km
9-12

North West Year Round Alternative Centre

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2.64 km
9-12

James Cardinal McGuigan Catholic High School

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2.59 km
9-12

Vaughan Secondary School

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1.76 km
9-12

William Lyon Mackenzie Collegiate Institute

Secondary: Public
3.27 km
9-12

Northview Heights Secondary School

Secondary: Public
2.33 km
9-12

St Elizabeth Catholic High School

Secondary: Catholic
2.74 km
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