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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$298,000
Available - For Sale
Listing ID: W11899849
1101 Finch Ave West , Unit 4&5, Toronto, M3J 2C9, Ontario


A fantastic opportunity to own a newly renovated, fully equipped restaurant and banquet hall offering Persian and international cuisine. Located in a high-traffic area near York University, Finch West Station, major highways, and transit hubs, this venue is ideal for dine-in, take-out, and events.Spanning 7,350 sq. ft., the property features a 3800 sq. ft. banquet hall accommodating 150-200 guests for weddings, parties, and events. The restaurant offers indoor seating for 90 guests and 32 VIP rooms for private dining or small parties. Theres also an optional patio, separate take-out entrance, and ample parking for customers.The professional kitchen is fully outfitted with two hood vents, fire suppression systems, walk-in coolers and freezers, as well as additional storage space in. The property includes seven washrooms, BBQ tables, and is equipped for Uber Eats and Door Dash.This well-established restaurant has over $700,000 in upgrades, with all chattels and fixtures included. With three years left on the current lease and a 5+5 year renewal option, this is a secure investment for a family business or rebranding opportunity. The property is suitable for any cuisine and offers significant potential for growth and expansion in a thriving commercial and residential area. Don't miss out on this turn-key opportunity to own a successful restaurant and banquet hall with endless possibilities. Oven and Dishwasher are not included (see rental items).
Price $298,000
Taxes: $8.46
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1101 Finch Ave West , Unit 4&5, Toronto, M3J 2C9, Ontario
Apt/Unit: 4&5
Postal Code: M3J 2C9
Province/State: Ontario
Directions/Cross Streets: Finch & Dufferin
Category: Without Property
Use: Restaurant
Building Percentage: N
Total Area: 7350.00
Total Area Code:  Sq Ft
Retail Area: 7350
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: 10AM-10
Employees #: 3
Seats: 150
LLBO: N
Outside Storage: N
Crane: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY LTD.
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: York University Heights
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $8.46
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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