$288,000
FOR SALE

Business for Sale

Restaurant

Lot: 73 x 140 ftTotal Area: 1,847 ft2
2024 Taxes: $3,386.16

492 Dundas St W
Toronto, ON M5T 2E6 | Kensington-Chinatown

**CORNER OF SPADINA/DUNDAS, MAJOR PRIME INTERSACTION, FULLY NEW RENOVATION RESTAURANT BUSINESS FOR SALE, 60 SEATINGS, NEW EQUIPMENTS NEXT TO REXALL DRUG STORE, STREET CAR STOP RIGHT AT CORNER. EXTREMLY BUSY TRAFFIC AND GREAT EXPOSURE. VERY LONG EXISTING LEASE PLUS OPTION. PRESENT RENT $9235/MO, TMI $3386.16/MO INCLUDING WATER.
Extras
All existing restaurant, new renovation and equipments, present lease until April 30, 2030. Plus 5 Yrs option. PLUS 5 YRS OPTION. Tenant pay gas, hydro, and garbage collection.
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Listed By LIVING REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8296614
Last Updated May 13, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name Rua De Macau Restaurant
Category Without Property
Minimum Rental Term 84
Maximum Rental Term 144
Occupancy Tenant
Possession Date 30 Days/TBA
Taxes (2024) $3,386.16
Tax Type T.M.I.
Directions/Cross Streets Dundas West/Spadina Ave
Neighbourhood Kensington-Chinatown
Area Toronto
Price History

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Detailed Information
Freestanding N
Lot 73 x 140 ft
Retail Area 1,847 ft2
Total Area 1,847 ft2
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Days Open 7
Hours Open 11 - 9P
LLBO N
Employees 4
Heat Type Gas Forced Air Closd
Financial Statement N
Expenses Actual/Estimated Est
Seats 60
Sprinklers Y
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 10 feet
Grade Level Shipping Doors 1
Grade Level Shipping Doors Width 6 feet
Grade Level Shipping Doors Height 7 feet
Rail N
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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