1993 Yonge St
Toronto, M4S1Z8
For Sale
$129,900
➧
➧
Without Property
CATEGORY2,184 Sq Ft
TOTAL AREAC9032352
MLSIDContact Us
Property Description
Rare investment opportunity in the heart of Midtown, just steps away from Yonge and Eglinton. This turnkey restaurant and bar, licensed by the L.L.B.O. for 64 patrons, is situated in a high foot traffic area surrounded by high-profile businesses and existing and developing condos.The property features a fully renovated and equipped dining area, an upstairs bar, and an outdoor patio, all with high ceilings. The full basement includes a prep area, walk-in fridge, storage, and bathrooms. The main floor offers a fully furnished dining room, an outdoor patio, and a fully equipped main kitchen. The upper floor boasts a full bar/lounge area, bathrooms, and a staff room. Lease terms include 3+ years remaining with options for two additional 5-year extensions. Monthly net rent is $5500.* EXTRAS * The building is newly renovated with numerous upgrades. All chattels, equipment, furniture, and modern dinnerware are included - a list is available upon request. The restaurant has a very high rating. The owner is willing to provide training.
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Extras
LLBO license for 64 patrons with outdoor patio, list of chattels, equipment available upon request. Owner willing to train.
Property Details
Category
Without Property
Usage
Restaurant
Zoning
Cr3
Total Area
2,184 Sq Ft
Retail Area
2,184 Sq Ft
Lot Size
15' x 85'
Taxes
$36,192 (2023)
Air Conditioning
Yes
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Listing contracted with Venture Real Estate Corp.
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