492 Dundas Street West, Toronto | Image 1

492 Dundas Street West

Toronto, Kensington-Chinatown

  • Commercial

$288,000
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

  • Taxes: 3386.16

  • MLS®#: C8296614

  • Days on Site: 12 Days

  • Added: May 01, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: LIVING REALTY INC.

**CORNER OF SPADINA/DUNDAS, MAJOR PRIME INTERSACTION, FULLY NEW RENOVATION RESTAURANT BUSINESS FOR SALE, 60 SEATINGS, NEW EQUIPMENTS NEXT TO REXALL DRUG STORE, STREET CAR STOP RIGHT AT CORNER. EXTREMLY BUSY TRAFFIC AND GREAT EXPOSURE. VERY LONG EXISTING LEASE PLUS OPTION. PRESENT RENT $9235/MO, TMI $3386.16/MO INCLUDING WATER.

Extras

All existing restaurant, new renovation and equipments, present lease until April 30, 2030. Plus 5 Yrs option. PLUS 5 YRS OPTION. Tenant pay gas, hydro, and garbage collection.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: 30 Days/TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $3,386

  • Expenses: Est

  • Taxes Type: T.M.I.

Land

  • Cross Street: Dundas West/Spadina

  • Municipality District: Toronto C01

  • Sewer: San+Storm

  • Lot Depth: 140 Feet

  • Lot Frontage: 73 Feet

  • Zoning: Commercial

Shipping Doors

  • Grade Level Height (ft): 7

  • Grade Level Width (ft): 6

  • Clearing Height (ft): 10

Commercial Specific

  • Number of Employees: 4

  • Shipping Doors Grade Level: 1

  • Rail: N

  • Retail Area: 1847

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Terms: 144

  • Total Area: 1847

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 84

  • Hours Open: 11 - 9P

  • Industrial Area Metric: Sq Ft

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 60

  • Business/Building Name: Rua De Macau Restaurant

  • Financial Statement: N

  • LLBO: N

Map of 492 Dundas Street West, Toronto
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