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For Sale

464 Sherbourne Street, Toronto, ON M4X 1K2

$149,000

  • 2 Bathrooms
  • Sale Of Business
  • MLS® C13725626

Listing Brokerage: GET HOME REALTY INC.

Description

RESTAURANT BUSINESS FOR SALE | PRIME DOWNTOWN TORONTO LOCATION | APPROX. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-SEAT CAPACITY | MONTHLY RENT $5,537 INCLUDING HST & TMI | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.

Property details

MLS® number
C13725626
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
Cabbagetown-South St. James Town
City
Toronto C08
Bathrooms
2
Building area
1344 Square Feet
Lot width
16 Feet
Lot depth
84.01 Feet
Approximate age
51-99
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
None
Tax year
2026
Business type
Restaurant
Retail area
1344
Clear height (ft)
9
Listing brokerage
GET HOME REALTY INC.

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