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E4693128
$55,000

785 Danforth Ave (Danforth Ave & Pape Ave)

Price: $55,000

Status: For Sale 

MLS®#: E4693128

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Calculator $55,000
  • Tax: $12,000/T.M.I. (2019)
  • Community:Danforth
  • City:Toronto
  • Type:Commercial
  • Style:Sale Of Business
  • Bath:2
  • Size: 1,000 Sq Ft
  • Garage:Street

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: IPRO REALTY LTD., BROKERAGE

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***


Highlights

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.

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’

Lisa Bartello

Sales Representative

iPro Realty Ltd., Brokerage

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