Added 1 week ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Fast Food/Take Out
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Zoning: Commercial
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Age: No Data
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MLS®#: C11988401
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Days on Site: 5 Days
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Added: Feb 20, 2025 (1 week ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: INTERNATIONAL REALTY FIRM, INC.
Priced for a quick sale!!! An excellent opportunity awaits to acquire a fully equipped Caribbean restaurant situated in a bustling Toronto area. Neighboring establishments include Tim Hortons, WineRack, and First Choice Haircutters, ensuring consistent foot traffic. Additionally, two residential buildings are currently under construction nearby, promising an expanded customer base. The motivated seller is eager for a swift asset sale, offering flexibility to maintain the existing Caribbean menu or transition to a franchise quick-service restaurant or dine-in concept. The approximately 800 sq/ft space is subleased at $4,500 monthly until April 2029. Notably, the seller invested $300,000 into the establishment two years ago.
Property
Status: Sale
Type: Fast Food/Take Out
Property Type: Sale Of Business
Property Type: Without Property
Area: Toronto
Community: North St. James Town
Inside
Air Conditioning: Y
Building
Basement: N
Heat Type: Gas Forced Air Closd
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Taxes Type: T.M.I.
Land
Cross Street: Sherbourne St/Howard
Municipality District: Toronto C08
Lot Depth: 100.13 Feet
Lot Frontage: 12.52 Feet
Zoning: Commercial
Commercial Specific
Number of Employees: 2
Retail Area: 1786
Retail Area Metric: Sq Ft
Total Area: 1786
Total Area Metric: Sq Ft
Hours Open: 11AM-10
Days Open: 6
Franchise: N
Tangible Property Included: Y
Lot Code: Unit
Seats: 7
Financial Statement: Y
LLBO: N
Walker's Paradise
- Daily errands do not require a car.
Excellent Transit
- Most errands can be accomplished by public transportation.
Biker's Paradise
- Daily errands do not require a car.
Msgr Fraser College (OL Lourdes Campus)
Elementary: CatholicCollège français élémentaire
Elementary: PublicChurch Street Junior Public School
Elementary: PublicWinchester Junior and Senior Public School
Elementary: PublicOur Lady of Lourdes Catholic School
Elementary: CatholicRose Avenue Junior Public School
Elementary: PublicMsgr Fraser College (St. Martin Campus)
Secondary: CatholicNative Learning Centre
Secondary: PublicCollège français secondaire
Secondary: PublicMsgr Fraser-Isabella
Secondary: CatholicJarvis Collegiate Institute
Secondary: PublicRosedale Heights School of the Arts
Secondary: Public-
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