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3290 Midland Ave , 6R & 7

Toronto, ON M1V 3Z9
  • $50,000
  • STATUS: Active
  • ON SITE: 370 Days
  • ID#: E6130540
UPDATED: 135 min ago
$50,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

Description

Great Location, , In The Heart Of Scarborough's Well Known Scarborough Village Mall With Busy Traffic. Adjacent To The Popular Skycity Shopping Centre. The Restaurant Has Been Operating Profitably For 13 Years. Ideal For New Buyer To Operate The Same Cuisine And Can Also Be Converted To Any Other Cuisines. All Chattels And Equipment Are Included. New Buyer To Assume The Existing Lease And May Negotiate Longer Lease With The Landlord.

Extras: Current Monthly Gross Rent $10,053.30 (Net Rent $7,261.50 + TMI: $2,792 ) + HST. The Lease Will Be Expired On March 31,2025. Qualified Buyer May Negotiate With The Landlord For Extending Another 5 Years Term. Tenant Pays All Utilities.

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Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Adnan Hasan | RE/MAX Impact Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-06-14T18:43:36.193.
www.ashhomes.ca/homes/140458054
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3290 Midland Ave , 6R & 7 Toronto, ON M1V 3Z9

  • Price: $50,000
  • Status: Active
  • On Site: 370 Days
  • Updated: 135 min ago
  • ID#: E6130540
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Milliken
County:
Ontario
Area:
Toronto E07
Property Description
Great Location, , In The Heart Of Scarborough's Well Known Scarborough Village Mall With Busy Traffic. Adjacent To The Popular Skycity Shopping Centre. The Restaurant Has Been Operating Profitably For 13 Years. Ideal For New Buyer To Operate The Same Cuisine And Can Also Be Converted To Any Other Cuisines. All Chattels And Equipment Are Included. New Buyer To Assume The Existing Lease And May Negotiate Longer Lease With The Landlord.

Extras: Current Monthly Gross Rent $10,053.30 (Net Rent $7,261.50 + TMI: $2,792 ) + HST. The Lease Will Be Expired On March 31,2025. Qualified Buyer May Negotiate With The Landlord For Extending Another 5 Years Term. Tenant Pays All Utilities.
Exterior Features

Area Influences Public Transit Freestanding No Garage Type Plaza Lot Depth 0.00 Lot Front 0.00 Lot Size Code Feet

Interior Features

Air Conditioning Y Basement N Heat Type Gas Forced Air Open Retail Area 1692 Retail Area Code Sq Ft Seats 80 Total Area 1692.00 Total Area Code Sq Ft

Property Features

Business Building Name Scarborough Village Mall Category Without Property Chattels Yes Commercial Type Sale Of Business Cross Streets Midland/Finch Days Open 6 Employees 5 Expenses Actual Or Estimated Est Financial Statement No Franchise No Gross Income Sales 1250000 Hours Open 5-5 List Price Type For Sale LLBO No Lot Code Unit Net Income Before Debt 150000 Occupancy Tenant Operating Expenses 1100000 Sale Or Lease Sale Seller Property Info Statement No Tax Year 2022 Taxes 19.80 Taxes Type T.M.I. Use Restaurant Utilities Y Water Municipal Year Expenses 2022 Zoning Commercial

Listing courtesy of VISAR REALTY INC..
Listing information © 2024 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Adnan Hasan | RE/MAX Impact Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2024-06-14T18:43:36.193.
 
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Adnan Hasan | RE/MAX Impact Realty
1413 King St E
Courtice ON, L1E 2J6