598 College Street, Toronto | Image 1

598 College Street

Toronto, Palmerston-Little Italy

  • Commercial

$349,999
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C9388844

  • Days on Site: 2 Days

  • Added: Oct 07, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

LOCATION! LOCATION! LOCATION! Step into a golden investment opportunity at the vibrant intersection of College and Bathurst! This fully operational fusion restaurant is perfectly positioned to capture non-stop foot traffic in one of Toronto's most bustling neighborhoods, Little Italy. Boasting an impressive Walk Score of 98 and 4.8 rating on Google, with a sleek, modern interior, spacious dining area of 72+ people and a fully equipped commercial kitchen, everything is set for you to hit the ground running. The restaurant comes with a transferable LLBO license, making it easy to keep the drinks flowing and your guests happy. Whether you're an experienced restaurateur or looking to dive into Toronto's dynamic food scene, this turn-key operation offers unbeatable potential. Located just steps from public transit, the University of Toronto, and surrounded by popular hotspots, it's the ideal spot to bring your culinary vision to life!

Extras

Fully equipped commercial kitchen, complete bar setup and Walk in Freezer. Includes All Chattels & Equipments.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Palmerston-Little Italy

  • Availability Date: Immediate

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Part Lot 1, Plan 373, City of Toronto

  • Taxes Type: N/A

Land

  • Cross Street: College x Clinton

  • Municipality District: Toronto C01

  • Lot Depth: 117 Feet

  • Lot Frontage: 27 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 10

  • Retail Area: 1900

  • Retail Area Metric: Sq Ft

  • Total Area: 2200

  • Total Area Metric: Sq Ft

  • Hours Open: 11am-10

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 72

  • Financial Statement: Y

  • LLBO: Y

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