Type
Commercial/Retail
Age
31-50 years
Days Listed
4
Last Updated
4 days ago

Ask about this home

Rafal Starmach

Sales Representative at Right at Home Realty Inc, Brokerage

  Yes 

Description

Fully Fixtured Restaurant In The Base Sought-After "The Summit" Building. Turn-Key Opportunity To Own / Operate A Premium, Never-Seen-Before, Retail Asset On King Street West. The Property Consists Of Approximately 1,766 Square Feet Of Retail Area Featuring A Stainless Steel Kitchen, Dining Room, Built Out Bar, And Over 70 Feet Of Frontage. Includes A Remarkable 2,036 Sf Patio (Approx. 80 Seats), Unparalleled Pedestrian Traffic, Office And Residential Density

Extras

This Opportunity Is Perfect For Any User Or Investor Looking To Own An Asset On The Best Entertainment Strip In The Downtown Core.

Features

Facts
Type:Commercial/Retail
Age:31-50 years
Type:Q.
Property Type:CommercialProperty
Taxes:21182.5
Zoning:Former General Z
Listed by:CUSHMAN & WAKEFIELD, BROKERAGE
Age:31-50
MLS®#:C4576559
Property Type:Commercial/Retail
Type:Hospitality/Food Related
Property Type:Retail
Number of Days Listed:4
Last Checked:4 months ago
Listed on Home.ca:2019-09-13 17:08:44
Property
Status:Sale
Type:Q.
Type:Hospitality/Food Related
Property Type:CommercialProperty
Property Type:Commercial/Retail
Property Type:Retail
Age:31-50
Community:Niagara
Availability Date:Immediate
Inside
Air Conditioning:Y
Building
Heat Type:Elec Forced Air
Elevator:None
UFFI:No
Freestanding:N
Water Supply:Municipal
Physically Handicapped-Equipped:Y
Parking
Garage Type:None
Fees
Tax Year:2019
Tax Legal Description:Unit 5, Level 1, Metropolitan Toronto Condo 681
Taxes:21182.5
Commercial Condo Fees:1584
Taxes Type:Annual
Land
Cross Street:King St. West/Tecums
Municipality District:Toronto C01
Lot Depth:20
Lot Frontage:70
Lot Size Units:Feet
Zoning:Former General Z
Municipality:Toronto
Municipality District:Toronto
Commercial Specific
Retail Area:1766
Retail Area Metric:Sq Ft
Sprinklers:Y
Total Area:1766
Total Area Metric:Sq Ft
Area Influence:Major Highway
Area Influence:Public Transit
Lot Code:Building
Utilities
Utilities:Y
$2,650,000 - for Sale - MLS#: C4576559  

This commercial/retail property at 05 - 725 King Street West, Toronto, M5V2W9 is currently for sale for $2,650,000. This property has been listed on Home.ca for 4 days and can be financed with an estimated mortgage of $8,977 per month*. Yearly property taxes for this home are approximately $21,183.

725 King Street West is a Commercial/Retail home. The home's closest main intersection is King St. West/Tecums. The lot dimensions of this property are 70 x 20 Feet. The property is located in the Niagara neighbourhood in the city of Toronto, in the regional municipality of Toronto. Nearby neighbourhoods are Cabbagetown-South St. James Town, Downsview-Roding-CFB, Weston-Pellam Park, Humberlea-Pelmo Park W4, Bay Street Corridor.

This home is 31-50 years old. .

The garage is none. The property has central air for air conditioning.

Date of possession for this property is Immediate. This home was listed by CUSHMAN & WAKEFIELD, BROKERAGE according to MLS® Reciprocity.


Nearby Schools

Elementary Schools

St Mary Catholic School

JK-8, Catholic, 0.26 km

Niagara Street Junior Public School

JK-6, Public, 0.29 km

ALPHA Alternative Junior School

JK-6, Public, 0.59 km

Charles G Fraser Junior Public School

JK-6, Public, 0.70 km

Ryerson Community School Junior Senior

JK-8, Public, 0.90 km

Downtown Vocal Music Academy of Toronto

4-8, Public, 0.90 km

Secondary Schools

Oasis Alternative

9-12, Public, 0.60 km

City School

9-12, Public, 1.02 km

Subway Academy II

9-12, Public, 1.57 km

Heydon Park Secondary School

9-12, Public, 1.54 km

Msgr Fraser College (Southwest)

9-12, Catholic, 1.36 km

Contact Alternative School

9-12, Public, 1.64 km


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For property value of $2,650,000 and downpayment of 20% ($530,000), your mortgage will be $8,977.17

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