Toronto $238,000
For Sale
1 Bath(s)
810.00 Sq Ft

MLS© ID: C4398302

Beautifully Renovated High End Cafe Located In A Rapidly Developing Neighborhood. Surrounded By High Rise Condos, Offices, And Pedestrian. Warm Atmosphere Attracted Loyalty Clienteles And Steady Patrons.This Is An Owner Absent Operation Business. Great Potential For Family Hands On Operation Business.Currently Monthly Gross Rent Is Approximately $4, 422.00. Equipment And Leasehold Improvement Assets Is Worth Over $400 K.

Extras: Owner Has Spent $500 K On Renovation In 2016 From Scratch. Ten Years Lease Starting From Aug 15, 2016. Base Rent Year 1-2 $45/Sq Ft, Year 3-4 $47/Sq Ft, Year 5-6 $49/Sq Ft. Year 7-8, 451/Sq Ft. Year 9-10 $53/Sq Ft. Tmi Is App $18, 50/Sq Ft

William Hui-Ming Zhao
Salesperson

HomeLife Gold Pacific Realty Inc, Brokerage, Brokerage
Independently Owned and Operated

Phone: 416-490-1068
Fax: 416-490-8938
Mark Huang
Salesperson

HomeLife Gold Pacific Realty Inc, Brokerage, Brokerage
Independently Owned and Operated

Phone: 416-490-1068
Fax: 416-490-8938
www.markhuanghomes.com