$ 299.000

, Other

  • Living area: 2500 square feet
  • Type: Commercial
  • Added: 7 days ago
  • Updated: 3 days ago
  • Last Checked: 19 hours ago
Recently renovated Mexican restaurant & bar located at prime intersection facing busy street and next door to new condo high-rise under construction, surrounded by homes and offices. Same owner since February 2024 with major extensive renovations with new kitchen equipment, walk-in cooler, lighting, flooring, 2 bars, 2 patios, 4 washrooms, 2 kitchens and 2 exhaust hoods. Strong growing sales with excellent menu serving best-tasting Mexican foods and drinks. LLBO for 54 seats indoor + 46 seats patio. Over $500K spent in recent renovations. Lots of potential to grow sales if owner-operated. Could easily be converted to any type of cuisine. Don't miss this one.

Property DetailsKey information about

  • Cooling: Fully air conditioned
  • Heating: Forced air, Natural gas
  • Building Area Total: 2500
  • Type: Restaurant & Bar
  • Owner Since: February 2024
  • Total Renovation Investment: $500,000
  • Seating Capacity: Indoor: 54, Patio: 46
  • Lease Agreement: 4 years + 5 + 5
  • Rent: $13,000/Month (includes TMI & HST)

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 2500
  • Kitchen Equipment: New
  • Walk In Cooler: Yes
  • Lighting: Upgraded
  • Flooring: New
  • Number Of Kitchens: 2
  • Number Of Washrooms: 4
  • Exhaust Hoods: 2

Exterior & Lot FeaturesLearn about the exterior and lot specifics of

  • Water Source: Municipal water
  • Patios: 2
  • Facing: Busy street
  • Surrounding Infrastructure: Next to new condo high-rise under construction, surrounded by homes and offices

Location & CommunityUnderstand the neighborhood and community

  • Directions: Bloor/Church
  • Intersection: Prime intersection

Business & Leasing InformationCheck business and leasing options available at

  • Business Type: Restaurant
  • Current Sales: $60,000/Month
  • Employee Operated: Yes
  • Potential For Growth: If owner-operated
  • Cuisine Flexibility: Could easily be converted to any type of cuisine

Tax & Legal InformationGet tax and legal details applicable to

  • Zoning Description: Commercial

Additional FeaturesExplore extra features and benefits

  • Strong Growing Sales: Yes
  • Excellent Menu: Serving best-tasting Mexican foods and drinks
  • Discretion Required For Showings: Yes, do not go without appointment
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LATIF MERALI
  • LATIF MERALI
  • HOMELIFE/BAYVIEW REALTY INC.
  • 647-886-7802
  • WebSite

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