40 University Avenue, Toronto | Image 1

40 University Avenue

Toronto, Bay Street Corridor

  • Commercial

$520,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: C11988433

  • Days on Site: 1 Days

  • Added: Feb 24, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: KING REALTY INC.

Location Location!! Golden Opportunity to owna Fully Equipped Turnkey WoodFire Pizza And Pasta Franchise in the heart of Toronto Downtown, at the busy intersection of University and Front Street, Walking Distance From Union Station CN Tower, Rogers Centre. 1650 sqft, 42 Seating Include Patio Seating, with LLBO Rare find location with Tons of Foot Traffic. Turnkey Operation and Endless potential and possibilities, Currently Running 100% absentee run. Royality 5 plus 2%, Lease 8 plus 5 years, Rent 13500 plus tmi 2600 plus hst. **EXTRAS** WoodFire Pizza Oven, 2 inducation burner, Cold Prep fridge table, walk-in cooler, walk-in freezer, exhaust hood, dishwasher. List of chattels to be provided upon an offer.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Bay Street Corridor

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Elec Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2025

  • Taxes Type: N/A

Land

  • Cross Street: University and Front

  • Municipality District: Toronto C01

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 11

  • Retail Area: 1650

  • Retail Area Metric: Sq Ft

  • Hours Open: 11AM-12

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 42

  • Financial Statement: N

  • LLBO: N

Walker's Paradise

  • Daily errands do not require a car.
100 /100

Rider's Paradise

  • Daily errands do not require a car.
100 /100

Biker's Paradise

  • Daily errands do not require a car.
90 /100
Map of 40 University Avenue, Toronto
JK-6

ALPHA Alternative Junior School

Elementary: Public
1.11 km
JK-6

Downtown Alternative School

Elementary: Public
1.14 km
JK-8

St Michael Catholic School

Elementary: Catholic
1.19 km
1-8

St Michael's Choir (Jr) School

Elementary: Catholic
1.16 km
JK-6

Ogden Junior Public School

Elementary: Public
0.98 km
JK-8

Orde Street Public School

Elementary: Public
1.54 km
9-12

St Michael's Choir (Sr) School

Secondary: Catholic
1.14 km
9-12

Oasis Alternative

Secondary: Public
1.10 km
9-12

City School

Secondary: Public
1.52 km
9-12

Subway Academy II

Secondary: Public
1.42 km
9-12

Heydon Park Secondary School

Secondary: Public
1.29 km
9-12

Contact Alternative School

Secondary: Public
0.98 km

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