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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$299,000
Available - For Sale
Listing ID: C9511324
506 Queen St West , Toronto, M5V 2B3, Ontario


READY...SET...BAKE! Fully turn-key bakery and wholesale manufacturing business featuring premium equipment and a classy cafe in the front of the space. Located right where busy Queen St W and popular Portland St meet on the ever sunny north side of the street. Seller willing to train and provide recipes. Elegant cafe area is supported by an extensive prep and baking area at the back half of the space. Large dry basement ideal for dry storage features good sized walk-in fridge with potential for additional production space. Net Rent $6,250 + $2,750 TMI. LLBO for 30 interior. Lease expires 2028 + 1x5yr Renewal. Ground floor leasable area 2,275 sqft.
Extras:   Tenant pays 90% of building water (approx. $800 quarterly). Monthly utilities approx. $1,500/month. Accessible washroom on main floor.
Price $299,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 506 Queen St West , Toronto, M5V 2B3, Ontario
Postal Code: M5V 2B3
Province/State: Ontario
Directions/Cross Streets: Portland St.
Category: Without Property
Use: Bakery
Building Percentage: Y
Total Area: 2275.00
Total Area Code:  Sq Ft
Retail Area: 2275
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Approximatly Age: 51-99
Business/Building Name: Geste Croissant
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8am-8pm
Employees #: 5
Seats: 30
LLBO: Y
Washrooms: 3
Outside Storage: N
Volts: 208
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ULTIMATE REALTY INC.
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416-981-7184
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age: 51-99
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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