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$199,000
Available - For Sale
Listing ID: C12269674
Charming restaurant in the heart of downtowns busy College & Spadina corridor. This cornerlocation has excellent street presence and consistent foot traffic day and night. This newspace has already reached profitability in under a year. A rare find for an owner-operator orinvestor looking for a turnkey opportunity in a high-demand neighbourhood. Well maintained andeasy to manage, this is a tightly run operation that functions with minimal staff. Ideal setupfor bubble tea, dessert, coffee, or pizza slice shop. The full basement offers ample storagespace and added functionality for back-of-house needs. Please do not go direct or speak tostaff. $5,900 gross rent including TMI, with 4 + 5 years remaining on the lease. Seating for30, with two washrooms and one parking space included. No demolition clause and no usagerestrictions. Fully built-out and profitable unit that requires very little hands-on oversight.Located at the intersection of College and Spadina, this is one of Torontos busiest and mostwalkable neighbourhoods. Surrounded by U of T, Kensington Market, Chinatown, and dozens ofdestination dining and nightlife spots, this address draws steady business from students,residents, professionals, and tourists alike. The unit includes a full basement, signageoptions with excellent visibility, and a versatile layout that allows for flexible design andconcept conversion. A perfect fit for a hands-off operator or brand looking to expand into aproven, high-foot-traffic pocket of the downtown core.
Price $199,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 283 College Stre , Toronto, M5T 1R9, Toronto
Postal Code: M5T 1R9
Province/State: Toronto
Legal Description: LT 2 PL 631 TORONTO; CITY OF TORONTO
Directions/Cross Streets: College & Spadina
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1,000
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Business/Building Name: Awesome Tteokbokki
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11:30-1
Employees #: 1
Seats: 30
Maintenance: 0
Sprinklers: Yes
Outside Storage: F
Rail: N
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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ROYAL LEPAGE SIGNATURE REALTY

283 College Stre , Toronto, M5T 1R9, Toronto

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

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: University
Style:
Lot Size: x 115.23(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
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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