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Edin Taravati

Sales Representative
Homelife Landmark Realty Inc, Brokerage Independently owned and operated. 7240 Woodbine, Markham, Ontario L3R 1A4 Cell: 647-233-7778Office: 905-305-1600

$1,699,000
Available - For Sale
Listing ID: W8476310
1700 St Clair Ave , Toronto, M6N 1J1, Ontario


Sandwich counter, coffee shop and gourmet grocer, this space is a completely new build. Purchased in 2020, the former laundromat was fully gutted and renovated from the ground up. New electric and plumbing, new flooring; all told, the building has undergone a $500k renovation, with $150k worth of new equipment installed.2 large condos have just opened nearby and the business has seen sales double compared to this time last year. There are 2 parking spots and the entrance has been graded for wheelchair clearance.The licensed space has 12 seats and sells most alcohol to go. With zero competition in the area, no Wine Rack or LCBO nearby, this is an extremely profitable revenue stream.
Extras:   1,674 square feet, full high and dry basement with office and plenty of prep space. A cavity for hood has been built. Over $600k in sales last year. No restrictions, ready for any concept.
Price $1,699,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1700 St Clair Ave , Toronto, M6N 1J1, Ontario
Postal Code: M6N 1J1
Province/State: Ontario
Legal Description: PT LT 338 PL 1626 WEST TORONTO JUNCTION
Lot Size: 21.67 x 103.14 (Feet)
Directions/Cross Streets: St.Clair Ave W & Blackhorn Ave
Category: With Property
Use: Restaurant
Building Percentage: N
Total Area: 1674.00
Total Area Code:  Sq Ft
Retail Area: 1674
Retail Area Code: Sq Ft
Business/Building Name: La Spesa Food Market & Specialties
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8-6
Employees #: 5
Seats: 12
LLBO: N
Washrooms: 1
Outside Storage: N
Rail: N
Crane: N
Soil Test: N
Volts: 200
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Personal Picture
Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Weston-Pellam Park
Style:
Lot Size: 21.67 x 103.14(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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