4918 Yonge Street, Toronto C07, ON M2N 5N5
Toronto C07 , M2N 5N5
$225,000.00
2000 Square Feet
Commercial
Property Details
| MLS Number | C12975874 |
| Property Type | Commercial |
| City | Toronto C07 |
| City Region | Lansing-Westgate |
| Postal Code | M2N 5N5 |
| Cross Street | Yonge St & Sheppard Ave W |
| Street Number | 4918 |
| Street Name | Yonge |
| Lot Width | 19.28 ft |
| Lot Depth | 125.15 ft |
| Building Area | 2000 Square Feet |
| Utilities | Available |
| Occupant Type | Owner+Tenant |
Description
Excellent turnkey QSR in Toronto operating since 2020 with strong, steady income and recurring school orders. ~2,000 sf main level + ~2,000 sf basement (ideal for storage or lease out for added income). Two dedicated parking spots. Gross revenue approx. $600,000. Rent incl. TMI & water approx. $11,000/mo. Head lease held by Bar Burrito and sub-leased to current owner. Great visibility and growth potential. Potential to remove the existing franchisee and take the unit and kitchen equipment. Landlord may be willing to renegotiate lease terms based in the proposed business plan.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads