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For Sale

59 Four Winds Drive, Toronto, ON M3J 1K7

$89,900

  • Sale Of Business
  • MLS® W13840732

Listing Brokerage: WEISS REALTY LTD.

Description

AGCO Liquor Licenced - 22 Seats! Excellent opportunity to acquire a well-established, fully equipped restaurant/bar business operating for approximately 15 years AGCO Licence #LSL818012. Masala Cafe. Currently operating 4 pm - 2 am only. Can increase sales by adding Breakfast and Lunch. Located in University City Mall, over 60,000 sq ft community mall, steps to York University campus at Keele & Finch, new subway station and newly open LRT nearby. Join the over 35 tenants in this small community mall with busy grocery store Anchor tenant and 15 eat in and take out restaurants, with no nearby competition. high density residential area numerous hi rise condominiums and hi rise apartment buildings are just steps away. Excellent walk-in traffic approximately 1300 sq ft with a fully equipped commercial kitchen, walk-in cooler, approx 12 ft exhaust hood with fire suppression system, plus restaurant equipment, appliances and fixtures included in the sale. Currently operating a Sri Lankan eat-in/takeout restaurant and bar/pub. Continue the existing operation or introduce your own concept and menu- excellent infrastructure already in place for a wide variety of food and beverage uses, subject to required approvals. Rare unit offering both front and rear entrances for convenient customer access, deliveries and restaurant operations. Fantastic courtyard location with excellent exposure and visibility. Potential opportunity for an outdoor patio, landlord approved! Will require municipal/AGCO approvals. Potential opportunity to expand into approx. 700 sq f of adjacent space. Excellent rental rates. Landlord prepared to offer new lease terms to qualified purchaser. A rare turnkey restaurant/bar opportunity with substantial existing infostructure in a high-density Toronto location. DO NOT GO DIRECT OR SPEAK TO STAFF. All appointments through Listing Agent.

Property details

MLS® number
W13840732
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
York University Heights
City
Toronto W05
Lot width
219 Feet
Lot depth
411 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
None
Tax year
2026
Business type
Bar/Tavern/Pub
Retail area
1298
Clear height (ft)
12
Listing brokerage
WEISS REALTY LTD.

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