Superb Franchise restaurant opportunity located at King St E & Sherbourne St, heart of downtown Toronto. Features include Restaurant surrounded by George Brown College campus, major offices/banks & condos ensuring strong and stable customer base for lunch + dinner. Great potential for 24/7 operations. Directly connected to TTC, street cars (East/West) and bus service (North/South). Large condo towers by reputed builders: Pemberton - Time & Space 29 storeys complete 1600 condos - occupants moving in, Cityzen & Fernbrook - St Lawrence Condos 26 storeys complete 482 condos -occupants moving in, Menkes - The Whitefield - 39 storeys under construction 470 condos, First Gulf - EQ Bank Tower 23 Floors Exterior complete, working on interiors - anticipated ready to move in by Q1 2025.These developments bringing in estimated 9000+ new customers (in addition to existing customers) within 300m of the restaurant. At least 3 other major developments including Fitzrovia Retirement Homes anticipated to break ground soon within 100 meters of the restaurant; Notice by City of Toronto are up. New LRT is located within walking distance, Scotia Bank & Waddington Auction House located next door; National Bank, RBC, BMO; CIBC, Globe & Mail (Air Miles, Yellow Pages, many more) within 2 minute walk; Coca-Cola National Office and No Frills located within 50 meters; LCBO, Pet Store, Toronto Opera Company, Fire Station within 1 minute. This restaurant has the latest equipment: complete remodel including all equipment: 2 cold wells, 1 hot well, 1 proofing & baking unit, 2 toaster ovens, Brand new HVAC unit, LED Lighting, New flooring and walls, seating capacity for up to 32 guests with 2 Toilets (plus small office space). Rapidly developing customer base; average household income of $135, 000. Rent frozen for 2yrs and lease good thru 2028 with another option to extend the lease by another 5 yrs. Low TMI. Net Price includes all brand new equipment, furniture, newly installed HVAC, inventory. EXTRAS This turnkey ready to move in restaurant presents a rare opportunity for new entrepreneurs (immigrants and citizens alike ensuring long term employment and ownership); Seller open to partnership. (id:55598)
- MLS® C9418383
- Date Listed10/20/2024
- Days on Realty 62 Days
- Bedrooms -
- Bathrooms 2 baths
- Lot Size -
- Subdivision Moss Park
- Property Type Other
- Water Public
Interior Features
- Appliances Refrigerator
- Cooling Fully Air Conditioned
- Heating Forced Air, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
100/100
Walker's Paradise
Walk Score ®
100/100
Rider's Paradise
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
43 nearby routes: 17 bus, 26 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 80/100, Bike Score: 82/100.
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Frequently Asked Questions for 25431 259 KING STREET E
Source: Realty.com
25431 259 KING STREET E, Toronto (Moss Park), ON M5A1K2 is a Other, Business Opportunity property listed for $299,900 The property is 0 sq. ft with - bedrooms and 2 bathrooms
The full address for this home is 25431 259 KING STREET E, Toronto (Moss Park), ON M5A1K2.
25431 259 KING STREET E has been listed on Realty.com since Sun October 20, 2024
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 80/100, Bike Score: 82/100.
Listing provided courtesy of:
ROYAL LEPAGE/J & D DIVISION
(tel: (416) 489-2121)
Listing agent:
ROHAN KHANNA
(tel: (647) 514-7799)
This content last refreshed on 2024-12-21 13:07:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 25431 259 KING STREET E, Toronto (Moss Park), ON M5A1K2 : MLS® C9418383