$89,000
FOR SALE

Business for Sale

Restaurant

Total Area: 2,049 ft2
2020 Taxes: $57,658.86

1571 Sandhurst Circ #189
Toronto, ON M1V 1V2 | Agincourt North

Located Inside Woodside Square Mall In The Heart Of Scarborough With High Traffic And Mixed Of Retails: 3 Banks( Royal, Td & Montreal), Food Courts, Chinese Restaurant, Super Market, Bakery, Professional Offices & Other Retails. The Current Vietnamese Restaurant Can Be Converted Into Variety Of Cuisines. Excellent & Profitable Restaurant For Family Operators And New Immigrants.
Extras
Existing Lease Of Net Rent $33 Psf Plus Tmi $28.14 Psf /Annum With Option To Renew For Further 5 Year Term. Current Monthly Gross Rent $12,235.11 ( Water And Hst Inclusive).
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Listed By VISAR REALTY INC., Brokerage
MLS® Listing Number E4900539
Last Updated Sep 06, 2020
Property Summary
Property Type Business For Sale
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Possession Date Immed/Tba
Taxes (2020) $57,658.86
Tax Type T.M.I.
Directions/Cross Streets Mccowan Rd/Finch Ave
Community Agincourt North
Area Toronto
Price History

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Detailed Information
Freestanding N
Bathrooms 2
Total Area 2,049 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 10-8
LLBO N
Employees 4
Heat Type Gas Forced Air Open
Financial Statement N
Gross Income/Sales $450,000
Net Income Before Debt $65,000
Operating Expenses $385,000
Year Expenses $2,020
Expenses Actual/Estimated Est
Area Influences Major Highway, Public Transit
Seats 96
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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