687 Yonge Street, Toronto C08, ON M4Y 2B2 – Toronto – $150,000

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Description

It doesn’t get any busier than Yonge and Bloor, the epicentre of bustling foot traffic in the downtown core. This location is just steps from multiple subway stops. Fully licensed for 30 seats. 1,200 sq ft, includes a 2nd floor room overlooking Yonge Street, perfect for private parties. Bright dining room and efficiently laid out kitchen with an 18 foot commercial hood. Located around the corner from two parkettes, perfect for take out in warm weather. $15,000 gross rent, includes TMI, with a long lease of 5 + 5 + 5. This restaurant has zero restrictions and is well situated, ready for any concept or cuisine.One of the most high-profile intersections in Toronto, and its a prime spot for a restaurantespecially if you’re going for visibility, foot traffic, or a prestige location. The intersection connects two subway lines (Line 1 and Line 2), making it one of the busiest transit hubs in the country. The perfect opportunity for a seasoned operator looking to make their mark. There is great potential here to build a real moneymaker.

Property Details

• Property Type: Commercial
• List Price: $150,000
• Tax Year: 2024