$499,000
FOR SALE

Business for Sale

Restaurant

Total Area: 3,500 ft2

1 Old Mill Dr
Toronto, ON M6S 0A1 | High Park-Swansea

Beautifully built-out authentic Italian restaurant available for conversion in the heart of Bloor West Toronto. This full-service, fully licensed concept features a relaxed atmosphere suitable for any occasion and offers an ideal space for special events, celebrations, work meetings, and more. This location boasts a 24-seat street front patio and is situated at the base of a 278-unit condo in the affluent South Kingsway/High Park neighbourhood. Surrounded by residential and commercial businesses, this immaculate restaurant presents excellent exposure for your next concept. There's a 12 foot exhaust hood with fryers, 8 burner stove, rational oven, 2 wood burning pizza ovens, walk-in fridge and freezer and so much more. A truly remarkable restaurant.
Extras
* LLBO = 62 Inside + 24 Patio * Gross Rent = $9,500 + HST (includes sublease income of $4,000/month)* 10 Years Remaining + 5 Year Option To Renew *
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Listed By ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8351268
Last Updated May 21, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Bloor St W & South Kingsway
Neighbourhood High Park-Swansea
Area Toronto
Price History

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Detailed Information
Freestanding N
Retail Area 100 percent
Total Area 3,500 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 5
Hours Open 5Pm-12A
LLBO Y
Employees 15
Heat Type Gas Forced Air Open
Financial Statement N
Seats 86
Sprinklers Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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