486 Queen Street, Toronto | Image 1

486 Queen Street

Toronto, Kensington-Chinatown

  • Commercial

$69,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Retail

  • Age: No Data

  • MLS®#: C9268070

  • Days on Site: 23 Days

  • Added: Aug 22, 2024 (2 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: EXP REALTY

Buy this Business for $40K less than its value, A unique opportunity to acquire a popular, fully-equipped Gelato Ice Cream business in the popular location of Downtown Toronto at the busy intersection of Queen and Spadina. This profitable business is an ideal opportunity for a hands-on owner to come in with their own vision to increase sales to even healthier levels. This Successful Gelato ice cream Store also serves Italian Coffee, Pizza, Panini, Croissants and more. Near to High rise residential and office towers, combined with a plethora of schools and businesses nearby, provides a steady flow of clientele, whilst providing ample opportunity for new marketing initiatives. Current rent is $4200 + TMI + HST, 4+5 years remaining on the lease. Full training and access to suppliers will be provided to the purchaser. EXTRAS All chattels and inventory included in the price.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Building

  • Basement: N

  • Heat Type: Other

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Queen St W/ Spadina

  • Municipality District: Toronto C01

  • Lot Depth: 36 Feet

  • Lot Frontage: 9 Feet

  • Zoning: Retail

Commercial Specific

  • Retail Area: 300

  • Retail Area Metric: Sq Ft

  • Hours Open: 12 -12

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: N

  • LLBO: N

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