$298,000
Available - For Sale
Listing ID: C10421198
1024 Queen St West , Toronto, M6J 1H6, Ontario
| Location!! Prime location for a food business. Has been a cafe for over 35 years! Turn key operation, ready to open immediately. Steps to the Ossington Strip. Location has been in only two 2 hands over the last 35 years. In great condition. Well maintained. Landlord must agree to new tenant. No nightclubs. |
| Price | $298,000 |
| Minimum Rental Term: | 12 |
| Maximum Rental Term: | 72 |
| Taxes: | $8000.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 1024 Queen St West , Toronto, M6J 1H6, Ontario |
| Postal Code: | M6J 1H6 |
| Province/State: | Ontario |
| Legal Description: | PT LT 13 PL D204 Toronto PT 1, 63R4331: |
| Lot Size: | 18.00 x 94.49 (Feet) |
| Directions/Cross Streets: | Queen/Ossington |
| Category: | Without Property |
| Use: | Restaurant |
| Total Area: | 1700.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1300 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Cafe Neon |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 5 |
| Hours Open: | 9am - 3 |
| Employees #: | 14 |
| Seats: | 52 |
| LLBO: | Y |
| Taxes Expense: | $12000 |
| Insurance Expense: | $2300 |
| Management Expense: | 48000 |
| Hydro Expense: | $1900 |
| Water Expense: | $600 |
| Gross Income/Sales: | $879975 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Washrooms: | 2 |
| Crane: | N |
| Clear Height Feet: | 13 |
| Heat Type: | Elec Forced Air |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm Avail |
| Water: | Municipal |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ELEVEN ELEVEN REALTY INC. |
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|
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Trinity-Bellwoods |
| Lot Size: | 18.00 x 94.49(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $8,000 |
| Maintenance Fee: | $4,000 |
| Baths: | 2 |
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