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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

$399,000
Available - For Sale
Listing ID: W8483078
1 Old Mill Dr , Toronto, M6S 0A1, Ontario


Beautifully built-out authentic Italian restaurant available for conversion in the heart of Bloor West Toronto. This full-service, fully licensed concept features a relaxed atmosphere suitable for any occasion and offers an ideal space for special events, celebrations, work meetings, and more. This location boasts a 24-seat street front patio and is situated at the base of a 278-unit condo in the affluent South Kingsway/High Park neighbourhood. Surrounded by residential and commercial businesses, this immaculate restaurant presents excellent exposure for your next concept. There's a 12 foot exhaust hood with fryers, 8 burner stove, rational oven, 2 wood burning pizza ovens, walk-in fridge and freezer and so much more. A truly remarkable restaurant.
Extras:   * LLBO = 62 Inside + 24 Patio * Gross Rent = $9,500 + HST (includes sublease income of $4,000/month)* 10 Years Remaining + 5 Year Option To Renew *
Price $399,000
Taxes: $15.00
Tax Type: T.M.I.
Assessment Year: 2023
Occupancy by: Tenant
Address: 1 Old Mill Dr , Toronto, M6S 0A1, Ontario
Postal Code: M6S 0A1
Province/State: Ontario
Directions/Cross Streets: Bloor St W & South Kingsway
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 2750.00
Total Area Code:  Sq Ft
Retail Area: 100
Retail Area Code: %
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 12pm-10
Employees #: 15
Seats: 86
LLBO: Y
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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: High Park-Swansea
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $15
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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