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Home ON Greater Toronto Area Toronto North York West Lansing
139 - 4750 YONGE STREET
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139 - 4750 YONGE STREET $119,000
$119,000
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139 - 4750 YONGE STREET
Toronto (Lansing-Westgate), Ontario M2N0J6

MLS® Number: C11823658

Listing Description

This well-established restaurant is located in the food court of a bustling Uptown Toronto shopping mall, at the intersection of Yonge Street and Sheppard Avenue. Spanning approximately 700 square feet, the eatery has been generating annual sales of around $450,000. The monthly rent is $7,700 (incl. TMI & HST). The current lease has 1.5 years remaining, with a 5-year renewal option. The restaurant operates six days a week from 12:00 PM to 8:45 PM, offering a manageable schedule. Equipped with a fully functional commercial kitchen, this business offers a stable income stream with minimal overhead costs. The current setup requires only two staff members to run daily operations, allowing the owner to maintain substantial profits. The versatility of the space means it can be easily adapted to serve a variety of cuisines. Due to other commitments, the owner is reluctantly selling this profitable venture. This presents a unique opportunity for a new owner to step into a turnkey operation in a high-traffic location. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (39525185)

Location Description

Yonge St & Sheppard Ave

Property Summary

Property Type
Business
Community Name
Lansing-Westgate
Land Size
Unit=17.5 x 40 FT
Annual Property Taxes
$1,000
Time on REALTOR.ca
16 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Name
Fun Chinese Restaurant

Measurements

Square Footage
700 sqft

Land

Lot Features
Frontage
17 ft ,6 in
Land Depth
40 ft
Other Property Information
Zoning Description
RD, UNASSIGNED, CR
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JENNY MIAO