Type
Sale Of Business
Age
-
Days Listed
11
Last Updated
1 week ago

Ask about this home

Rafal Starmach

Sales Representative at Right at Home Realty Inc, Brokerage

  Yes 

Description

Established Turnkey Restaurant Located In The Greek Town On Danforth Ave. This Restaurant Is Open All Week For Lunch And Dinner And It Is The Only Tex-Mex Style In The Area. Lots Of Food Deliveries. Seating Capacity 60. Current Owner Has A Liquor License. Low Rent And Eleven Months Remaining Of The Lease With Two Options To Renew For 5 Years Each. Original Lease Commenced Dec 18, 2015Ending Dec 31,2020. Please Do Not Go Direct**Do Not Ask The Staff***

Extras

Fully Equipped Restaurant. Existing Lease Can Be Assumed By The New Buyer Subject To The Landlord's Approval Rent For 2020 $2,292/Month + $1360 Tmi + $474.76/Hst=$4,126.76/Month Assignment Fee To Be Paid By The Buyer.

Features

Facts
Type:Sale Of Business
Age:-
Type:B.
Property Type:CommercialProperty
Taxes:12000
Zoning:Cr 3.0 (C2.5; R2
Days On Market:1
Listed by:IPRO REALTY LTD., BROKERAGE
MLS®#:E4693128
Property Type:Sale Of Business
Type:Restaurant
Property Type:Without Property
Property
Status:Sale
Type:B.
Type:Restaurant
Property Type:CommercialProperty
Property Type:Sale Of Business
Property Type:Without Property
Community:Danforth
Availability Date:30 Days
Inside
Bathrooms:2
Air Conditioning:Y
Building
Basement:N
Heat Type:Gas Forced Air Closd
Elevator:None
Outside Storage:N
Water Supply:Municipal
Parking
Garage Type:Street
Fees
Tax Year:2019
Tax Legal Description:Pcl D-11 Sec A67E;Pt Blk D Pl 67E Tor Pt L11 Con 1
Taxes:12000
Expenses:Est
Taxes Type:T.M.I.
Land
Cross Street:Danforth Ave & Pape
Municipality District:Toronto E03
Parcel Number:210480002
Lot Depth:117.33
Lot Frontage:22.15
Lot Size Units:Feet
Zoning:Cr 3.0 (C2.5; R2
Municipality:Toronto
Municipality District:Toronto
Commercial Specific
Total Area:1000
Total Area Metric:Sq Ft
Hours Open:Varies
Area Influence:Public Transit
Area Influence:Subways
Days Open:6
Franchise:N
Tangible Property Included:Y
Lot Code:Building
Seats:60
Financial Statement:N
LLBO:Y
Utilities
Utilities:Y
$59,000 - for Sale - MLS#: E4693128  

This sale of business property at 785 Danforth Avenue, Toronto, M4J1L2 is currently for sale for $59,000. This property has been listed on Home.ca for 11 days and can be financed with an estimated mortgage of $200 per month*. Yearly property taxes for this home are approximately $12,000.

785 Danforth Avenue is a Sale Of Business home. The home's closest main intersection is Danforth Ave & Pape . The lot dimensions of this property are 22.15 x 117.33 Feet. The property is located in the Danforth neighbourhood in the city of Toronto, in the regional municipality of Toronto. Nearby neighbourhoods are Woodbine-Lumsden, Woodbine Corridor, East End-Danforth, Crescent Town, O'Connor-Parkview.

This home has 0 beds and 2 bathrooms . .

This home has a n basement. The garage is street. The property has central air for air conditioning.

Date of possession for this property is 30 Days. This home was listed by IPRO REALTY LTD., BROKERAGE according to MLS® Reciprocity.


Nearby Schools

Elementary Schools

Earl Grey Senior Public School

7-8, Public, 0.28 km

Wilkinson Junior Public School

JK-6, Public, 0.44 km

Holy Name Catholic School

JK-8, Catholic, 0.47 km

East Alternative School of Toronto

7-8, Public, 0.88 km

Blake Street Junior Public School

JK-6, Public, 0.88 km

ÉÉC du Bon-Berger

JK-6, Catholic, 0.84 km

Secondary Schools

First Nations School of Toronto

9-12, Public, 0.37 km

Subway Academy I

9-12, Public, 0.40 km

Danforth Collegiate Institute and Technical School

9-12, Public, 0.71 km

School of Life Experience

9-12, Public, 0.90 km

Greenwood Secondary School

9-12, Public, 0.90 km

Riverdale Collegiate Institute

9-12, Public, 1.18 km


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For property value of $59,000 and downpayment of 20% ($11,800), your mortgage will be $199.87

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