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$150,000
Available - For Sale
Listing ID: C12091192
It doesn't get any busier than Yonge and Bloor, the epicentre of bustling foot traffic in the downtown core. This location is just steps from multiple subway stops. Fully licensed for 30 seats. 1,200 sq ft, includes a 2nd floor room overlooking Yonge Street, perfect for private parties. Bright dining room and efficiently laid out kitchen with an 18 foot commercial hood. Located around the corner from two parkettes, perfect for take out in warm weather. $15,000 gross rent, includes TMI, with a long lease of 5 + 5 + 5. This restaurant has zero restrictions and is well situated, ready for any concept or cuisine.One of the most high-profile intersections in Toronto, and its a prime spot for a restaurantespecially if you're going for visibility, foot traffic, or a prestige location. The intersection connects two subway lines (Line 1 and Line 2), making it one of the busiest transit hubs in the country. The perfect opportunity for a seasoned operator looking to make their mark. There is great potential here to build a real moneymaker.
Price $150,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 687 Yonge Stre , Toronto, M4Y 2B2, Toronto
Postal Code: M4Y 2B2
Province/State: Toronto
Legal Description: PART LOT 6 PLAN 393 CITY EAST, PART 1 63
Directions/Cross Streets: Yonge and Bloor
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 0
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Business/Building Name: Saigon Lotus
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 11:00 a
Employees #: 4
Seats: 30
Maintenance: 0
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE SIGNATURE REALTY

687 Yonge Stre , Toronto, M4Y 2B2, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style:
Lot Size: x 93.93(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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