2836 Victoria Park Ave, Toronto MLS Number: C8223730
Pleasant View, Toronto, ON, M2J 4A8$159,000
Status: OFF MARKET
- Property Type: Commercial (Sale Of Business)
- Property Taxes : $0.00 (Tax Year:2024)
- Listing Courtesy : Real One Realty Inc.
Maximum 4 project can be compared at one go.
$159,000
Status: OFF MARKET
Established Chinese takeout restaurant, situated in a prime location at the intersection of North York and Scarborough near Victoria Park and Finch, has a rich 30-year history, loyal customer base, and a 4.1 Google rating. With approx. 800 sq ft of space including a professional kitchen, 20-ft exhaust fan, walk-in cooler, restroom, and ample parking, the restaurant benefits from high foot traffic in a thriving commercial hub. Operating 7 days a week from 2:00 PM to 10:00 PM (except Fridays from 11:30 AM to 10:00 PM), the restaurant generates monthly sales of around $48,000 with a 30% net profit. Rent is $4,300/month (inclusive of TMI, HST, and water) with 3.8 years remaining on the lease and a 5-year option. Due to owner's relocation, this opportunity offers potential for increased revenue through expanded hours and menu options. Don't miss out on this thriving business opportunity.
Property Type | :Commercial |
---|---|
MLS Number | :C8223730 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :21 May, 2024 (184 Days ago) |
Source | :TRREB |
Area | :Toronto |
---|---|
Community | : Pleasant View |
Postal Code | : M2J 4A8 |
Price | : $159,000 |
---|---|
Property Taxes | :$0.00 |
Tax Year | :2024 |
---|
Cross Street | :Victoria Park & Finch |
---|
Fireplace/Stove | :No |
---|
21 May, 2024
TREB #C8223730
Available
$159000.0
Sign in to view full price history of this property