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$4,999,000
Available - For Sale
Listing ID: C13560046
Commercial Condo Investment For Sale! . Rare opportunity to acquire a premium investment property in the heart of Toronto's vibrant King East neighbourhood at a 5% cap rate. This fully leased, approximately 4,300 sq. ft. commercial condominium is occupied by the highly successful Huwa Beirut restaurant, offering an exceptional turnkey investment for landlords seeking stable, long-term income. The restaurant features seating for approximately 120 guests and has established itself as a popular dining destination. A strong, long-term lease is in place with an experienced and successful tenant, providing reliable cash flow and minimal management. Located on Adelaide Street East in a high-demand mixed-use corridor surrounded by residential, office, and hospitality developments, this is an outstanding opportunity to add a quality, income-producing asset to any investment portfolio. Restaurant brand is not included. Please do not go direct or speak to staff.
Price $4,999,000
Taxes: $37,342
Tax Type: TMI
Occupancy by: Tenant
Address: 462-464 Adelaide Street East , Toronto, M5A 4L6, Toronto
Postal Code: M5A 4L6
Province/State: Toronto
Legal Description: UNIT 5, LEVEL 1, TORONTO STANDARD CONDOM
Directions/Cross Streets: Adelaide St E & Sherbourne St
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: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 4,300
Total Area Code:  Square Feet
Retail Area Code: %
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

462-464 Adelaide Street East , Toronto, M5A 4L6, 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 - Commercial Retail
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
Style:
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Tax: $37,342
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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