3833 Midland Ave
Toronto, M1V5L6
For Sale
$170,000
➧
➧
Without Property
CATEGORY4,979 Sq Ft
TOTAL AREAE8175954
MLSIDContact 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.
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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
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Listing contracted with Visar Realty Inc.
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