Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

8130 Sheppard Avenue E Unit # 108-109, Toronto E11, ON M1B 3W3 (Morningside Ave. and Sheppard Ave. E)
$ 499000 - MLS : E13451172

From Our Gallery

Description

A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.

Location Description

Morningside Ave. and Sheppard Ave. E

Property Detail

Community: Rouge E11
Property Type: Tenant/Commercial
Bath: 4
Garages: None
Annual Property Taxes : $ 0

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Electric Forced Air

Listing Contracted With: RIGHT AT HOME REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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