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 dinerestaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interiordecorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-enddining 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 rentof ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. Thereis also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
3312 sq. ft. Square Feet
Total Area:
3,312 sq. ft.308 m2
Retail Area:
3312 sq. ft. Sq Ft
Lot Depth:
0'0 m
Lot Frontage:
0'0 m
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 /
2026
Assessment:
$- /
-
Toronto
Toronto E11
Rouge E11
Major Highway, Public Transit
Hot Water Tank, Dishwasher
All existing associated appliances and chattels
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Sankalp Restaurant -The Taste of India (Can be converted)
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