425 Yonge Street, Toronto | Image 1

425 Yonge Street

Toronto, Church-Yonge Corridor

  • Commercial

$175,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: Retail

  • Age: No Data

  • MLS®#: C8070026

  • Days on Site: 65 Days

  • Added: Feb 14, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 EMPIRE REALTY INC

LOCATION! LOCATION! LOCATION! Exciting business opportunity to own a profitable well know GIFTS STORE & HOME DECOR ITEMS www.globalgifts.ca on prime location in Yonge St (Yonge & college) in Toronto. This is an owner operated location since 2019. Owner is retiring. Ideal for Family Operated Business. Possible to double sales. Global Gifts, formerly recognized as Andalous Imports, is a well- established Canadian company. We specialize in providing an extensive array of international giftware and home decor items, catering to both retail and wholesale customers. Buyer will be provided free training by seller.

Extras

Lease Rent $ 7000 Per Month Including TMI. Hst Extra, Lease Expiry in 2030, After That Lease Extension 5 + 5 Years till 2040. This Is NOT A Franchise. Two Dedicated Car Parkings Underground. INVENTORY COST IN ADDITION TO PURCHASE PRICE.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Church-Yonge Corridor

  • Availability Date: Immediate

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT PARKLT 8 CON 1 FTB TWP OF YORK AS IN EP141023;

  • Expenses: Est

  • Insurance Fee: 5000

  • Taxes Type: N/A

  • Tax Year: 2023

Land

  • Cross Street: Yonge St / Gerrard S

  • Municipality District: Toronto C08

  • Sewer: San+Storm

  • Lot Depth: 59 Feet

  • Lot Frontage: 22 Feet

  • Zoning: Retail

Shipping Doors

  • Clearing Height (ft): 12

Commercial Specific

  • Number of Employees: 1

  • Rail: N

  • Retail Area: 1300

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1300

  • Total Area Metric: Sq Ft

  • Hours Open: 11-7Pm

  • Industrial Area Metric: Sq Ft

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Soil Test: N

  • Financial Statement: Y

  • LLBO: N

Map of 425 Yonge Street, Toronto
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