$300,000
Available - For Sale
Listing ID: E13478524
2459 Kingston Road , Toronto, M1N 1V4, Toronto
| Rare opportunity to acquire a well-established and profitable bar & restaurant in the heart of Scarborough. First time offered for sale in 30 years, this long-standing business has been successfully operated by the same owner and has built a loyal customer base with strong repeat clientele. Prime location on busy Kingston Rd with excellent exposure, ample plaza parking, and surrounded by high-density residential neighbourhoods, providing steady walk-in and local business. Approx. 2,000 sq. ft. of fully equipped turnkey space featuring a commercial hood, walk-in coolers, LLBO licence, and seating for 141 guests total (85 upstairs, 45 downstairs, 11 patio). Additional basement entertainment area with pool tables adds extra revenue potential. Current gross rent is approximately $9,100/month including TMI and HST (base rent $4,600). Current lease runs until December 2026, with two renewal options of 5 years each (5+5), offering excellent long-term potential. Excellent opportunity for owner-operators or investors to continue a successful operation or bring their own concept. Please do not go direct or speakto staff. |
| Price | $300,000 |
| Taxes: | $11996.66 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 2459 Kingston Road , Toronto, M1N 1V4, Toronto |
| Postal Code: | M1N 1V4 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Kingston Rd & Midland Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 2000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 11am - |
| Employees #: | 9 |
| Seats: | 71 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
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| RE/MAX ELEVATE |
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|
Edward Matar
Sales Representative
Dir:
416-917-6343
Bus:
416-745-2300
Fax:
416-745-1952
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E06 |
| Neighbourhood: | Birchcliffe-Cliffside |
| Tax: | $11,996.66 |
| Fireplace: | N |
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