3833 Midland Ave

Toronto, M1V5L6
For Sale
$170,000
3833 Midland Ave, Toronto
3833 Midland Ave
3833 Midland Ave
3833 Midland Ave
Without Property
CATEGORY
4,979 Sq Ft
TOTAL AREA
E8175954
MLSID
Contact Us
Property Description
Great Location, In The Heart Of Scarborough - Evergold Centre With Busy Traffic. The Restaurant Has Been Operating Profitably For More Than 18 Years. Ideal For New Buyer To Operate The Same Cuisine And Can Also Be Converted To Any Other Cuisines. All Chattels And Equipment Are Included. Unit 8 (383sf); Unit 10 - 2,412sf- Ground Fl with 130 Seating & 2,184sf Basement with 40 Seating. The Basement Is Legally Zoned For Restaurant Use.
Extras
New Buyer Will Sign New Lease With The Landlord At 1st Year Monthly Net Rent Of $10,000/mon and 3% increment in subsequent years For 10 Year Term. Current TMI- $5,000/month To Be Reviewed On Annual Basis.
Property Details
Category
Without Property
Usage
Restaurant
Zoning
Commercial
Total Area
4,979 Sq Ft
Retail Area
4,979 Sq Ft
Taxes
$5,000 (2024)
Air Conditioning
Yes
Listing contracted with Visar Realty Inc.
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