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$ 127,000
Est. payment /mo
Active
563 Sherbourne ST Toronto C08, ON M4X 1W5
1,786 SqFt
UPDATED:
02/26/2025 12:20 AM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,786 sqft
Price per Sqft $71
Subdivision North St. James Town
MLS Listing ID C11988401
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Priced for a quick sale!!! An excellent opportunity awaits to acquire a fully equipped Caribbean restaurant situated in a bustling Toronto area. Neighboring establishments include Tim Hortons, WineRack, and First Choice Haircutters, ensuring consistent foot traffic. Additionally, two residential buildings are currently under construction nearby, promising an expanded customer base. The motivated seller is eager for a swift asset sale, offering flexibility to maintain the existing Caribbean menu or transition to a franchise quick-service restaurant or dine-in concept. The approximately 800 sq/ft space is subleased at $4,500 monthly until April 2029. Notably, the seller invested $300,000 into the establishment two years ago.
Location
State ON
County Toronto
Community North St. James Town
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Lot Frontage 12.52
Lot Depth 100.13
Listed by INTERNATIONAL REALTY FIRM, INC.