• Mobile: 647-937-8237
  • Office: 905-731-2000
  • Fax: 905-886-7556

$499,000
Available - For Sale
Listing ID: C11917918
372 Queen St East , Toronto, M5A 1T1, Ontario


Turn Key Restaurant/Bar Serving Italian Dishes; XL Brand New Forno Bravo Wood Oven Pizza Built-In Downtown Toronto. Sky Scraper Developments Condos And Retail Being Built In Front And Rear Of The Restaurant. Amazing Rent Including TMI $4,500.00; 8 Years Left On A The Lease. Ideal Landlord Will Assume Lease Rent. Restaurant Established In Sept 2022. Gross Sales For 2023 Of$400,000.00. Gross Sales For 2024 Of $500,000.00 Have Bank Statements/POS System To Support. Absentee Owner/Manager, Great Potential To Increase Sales If Owner/Operator Is Present At The Establishment. Recently Renovated Top To Bottom In 2022. Enormous Oversize Gourmet Kitchen With Walk In Fridge And Walk In Freezer. 3 Office Rooms Space Available In The Basement Great Potential To Rent In Downtown Toronto.
Price $499,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 372 Queen St East , Toronto, M5A 1T1, Ontario
Postal Code: M5A 1T1
Province/State: Ontario
Directions/Cross Streets: Queen St E & Parliament St
Category: Without Property
Use: Restaurant
Total Area: 1400.00
Total Area Code:  Sq Ft
Retail Area: 1400
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Hours Open: 11AM -1
Employees #: 10
Seats: 45
LLBO: Y
Sprinklers: N
Rail: N
Clear Height Feet: 11
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
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.

$
%
Years
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.
HOMELIFE/FUTURE REALTY INC.
Personal Picture
Mehdi Moghareh Abed
Sales Representative
Dir:
647-937-8237
Bus:
905-731-2000
Fax:
905-886-7556
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Regent Park
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years