Personal Pic

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

$298,000
Available - For Sale
Listing ID: C10421198
1024 Queen St West , Toronto, M6J 1H6, Ontario


Location!! Prime location for a food business. Has been a cafe for over 35 years! Turn key operation, ready to open immediately. Steps to the Ossington Strip. Location has been in only two 2 hands over the last 35 years. In great condition. Well maintained. Landlord must agree to new tenant. No nightclubs.
Price $298,000
Minimum Rental Term: 12
Maximum Rental Term: 72
Taxes: $8000.00
Tax Type: Annual
Occupancy by: Tenant
Address: 1024 Queen St West , Toronto, M6J 1H6, Ontario
Postal Code: M6J 1H6
Province/State: Ontario
Legal Description: PT LT 13 PL D204 Toronto PT 1, 63R4331:
Lot Size: 18.00 x 94.49 (Feet)
Directions/Cross Streets: Queen/Ossington
Category: Without Property
Use: Restaurant
Total Area: 1700.00
Total Area Code:  Sq Ft
Retail Area: 1300
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 51-99
Business/Building Name: Cafe Neon
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 9am - 3
Employees #: 14
Seats: 52
LLBO: Y
Taxes Expense: $12000
Insurance Expense: $2300
 Management Expense: 48000
 Hydro Expense:  $1900
Water Expense: $600
Gross Income/Sales: $879975
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Sprinklers: N
Washrooms: 2
Crane: N
Clear Height Feet: 13
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Sewers: San+Storm Avail
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.
ELEVEN ELEVEN REALTY INC.
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Trinity-Bellwoods
Style:
Lot Size: 18.00 x 94.49(Feet)
Approximate Age: 51-99
Tax: $8,000
Maintenance Fee: $4,000
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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