401 Magnetic Dr
Toronto, M3J3H9
For Sale
$325,000
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Without Property
CATEGORY1,402 Sq Ft
TOTAL AREAW11950152
MLSIDContact Us
Property Description
Rare Opportunity. Established Restaurant & Bar for Sale! This Restaurant & Bar Offers a Modern, Luxuriously Designed Space, Featuring a Fully Equipped, Fully Renovated Interior, State-of-the-Art Sound and Lighting Systems. This place is excellent for selling food, beer, and liquor as well as for any private events.And also it can be rented out for all kinds of events and occasions with DJ-playing music or music band playing all year round. Perfect for Entrepreneurs Looking to Own a Turnkey Entertainment Business with Proven Profitability. Every Equipment inside the restaurant & bar is included in the listing price. The rent is very low just more than 3K including TMI & Tax. The lease is very new (5 years & 5 years option)
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Extras
Buyer shall pay Security Deposit($30,273.32) back to the Seller.
Property Details
Category
Without Property
Usage
Bar/Tavern/Pub
Zoning
Commercial
Total Area
1,402 Sq Ft
Retail Area
1,402 Sq Ft
Taxes
$45,449 (2024)
Air Conditioning
Yes
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Listing contracted with Homelife Frontier Realty Inc.
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