$259,000
Available - For Sale
Listing ID: E12528454
3452 Kingston Road , Toronto, M1M 3S6, Toronto


Situated in the vibrant Scarborough Village area, 3452 Kingston Road presents an exceptional opportunity to own a restaurant in a bustling plaza with outstanding exposure. Spanning approximately 1,700 sq. ft., the space features a bright dining area with seating for 30, plus a seasonal patio. It is fully wheelchair accessible and includes two washrooms and ample parking - 10 spaces in front and additional spots at the back.The kitchen is well equipped with a 21-foot commercial hood and makeup air system (installed in 2019), two tandoor ovens, and generous storage space, providing an efficient and practical setup. Ideal for an owner-operator seeking a profitable turnkey business, this restaurant offers a gross rent of only $5,000 per month (inclusive of TMI) and a secure 5 + 5-year lease term. With no restrictions on use, it's suitable for various cuisines, restaurant concepts, or franchise conversions.
Price $259,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 3452 Kingston Road , Toronto, M1M 3S6, Toronto
Postal Code: M1M 3S6
Province/State: Toronto
Legal Description: PT LT S PL 1834 SCARBOROUGH; PT LT T PL
Directions/Cross Streets: Kingston Rd and Markham
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 1700.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 12pm to
Employees #: 2
Seats: 30
Sprinklers: No
Washrooms: 2
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RC BEST CHOICE REALTY CORP
Personal Picture
CJ Gidda
Sales Representative
Dir:
647-289-2525
Bus:
905-364-0727
Fax:
905-364-0728
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E08
Neighbourhood: Scarborough Village
Style:
Lot Size: x 200.30(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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