$239,000
Available - For Sale
Listing ID: C13579860
318 Spadina Avenue , Toronto, M5T 2E7, Toronto
| Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included. |
| Price | $239,000 |
| Taxes: | $2400.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 318 Spadina Avenue , Toronto, M5T 2E7, Toronto |
| Postal Code: | M5T 2E7 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Spadina/ Dundas |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 2500.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Shi Miao Dao Yunnan Rice Noodle |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 10:30-2 |
| Employees #: | 5 |
| Seats: | 50 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| BAY STREET GROUP INC. |
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416-548-7854
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416-981-7184
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Kensington-Chinatown |
| Tax: | $2,400 |
| Fireplace: | N |
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