Toronto C08, ON M4X 1W5,563 Sherbourne ST
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Samson Antony

Samson Antony

Real Estate Office

+1(647) 378-0715
$ 127,000
Est. payment /mo
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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.
agent

Samson Antony

Agent

+1(647) 378-0715

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563 Sherbourne ST