$185,000
Available - For Sale
Listing ID: E9396865
1416 Gerrard St East , Toronto, M4L 1A6, Ontario


THE ART OF INDIAN CUISINE!! High visibility corner in the heart of Gerrard India Bazaar and best suited to Owner/Operator or run as Family Business. Well-established neighbourhood favourite known for its Indian Buffet!! Fully equipped kitchen with 11' hood, Tandoor + LLBO. All Chattels included. Huge corner patio licensed for 60 ppl with full cover awnings to keep diners dry during summer rain showers.
Extras:   Current total monthly rent $6,780 (includes TMI & HST) Current Term expires FEB 28 2027 + 1x 5yr Renewal Tenant pays 60% of Building Water Consumption
Price $185,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 1416 Gerrard St East , Toronto, M4L 1A6, Ontario
Postal Code: M4L 1A6
Province/State: Ontario
Directions/Cross Streets: Hiawatha Road
Category: Without Property
Use: Restaurant
Total Area: 1800.00
Total Area Code:  Sq Ft
Retail Area: 1800
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: Gautama (Indian Buffet Restaurant)
Financial Statement: Y
Chattels: Y
Franchise: N
Hours Open: 12-9
Employees #: 3
Seats: 60
LLBO: Y
Sprinklers: Part
Washrooms: 3
Outside Storage: N
Crane: N
Soil Test: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
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.

$
%
Years
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 ULTIMATE REALTY INC.
Personal Picture
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Greenwood-Coxwell
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years