Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
2500 sq. ft. Square Feet
Total Area:
2,500 sq. ft.232 m2
Retail Area:
1500 sq. ft. Sq Ft
Office/Apt Area:
1000 sq. ft. Sq Ft
Lot Depth:
0'0 m
Lot Frontage:
0'0 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$1 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Kensington-Chinatown
The second floor can be occupied or continue to sub-lease, currently generating $2,355/month in sublease income to help offset the gross rent of $12,883/month ( Include Tmi & Hst ). Lease Term Till August 31st, 2028 And Another 5 Years Renewable.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.