SHARON SOLTANIAN, Broker Of Record - SOLTANIAN REAL ESTATE INC

$99,000

Available - For Sale

Listing ID: C12041407

Recently opened restaurant located in the heart of downtown Toronto, near Toronto Stock Exchange, in a high-traffic area. Over $300,000 invested in leasehold improvements and equipment. Rent including TMI is approximately $4,300/month. Long 15-year lease in place. Fully equipped commercial kitchen with a 7-foot exhaust hood, suitable for any fast food or quick-service concept. Turnkey setup with modern equipment easily adaptable to a new brand or cuisine. Currently run under absentee ownership.

Price	$99,000
Taxes:	$0.00
Tax Type:	N/A
Occupancy:	Tenant
Province/State:	Toronto
Directions/Cross Streets:	Yonge/Richmond

Washroom Type

No. of Pieces

Level

Washroom Type 1

Washroom Type 2

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Category:	Without Property
Use:	Fast Food/Takeout
Building Percentage:	F
Total Area:	0.00
Retail Area Code:	Sq Ft

Financial Statement:	T
Chattels:	F
Franchise:	F
Hours Open:	12-9
Employees #:	1
Seats:	0

Washrooms:	0
Heat Type:	Gas Forced Air Close
Central Air Conditioning:	Yes

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Asking Price:

Heating:

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Taxes:

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Amortization:

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GDS:

TDS:

Percent Down:
Down Payment	$4,950	$9,900	$14,850	$19,800
First Mortgage	$94,050	$89,100	$84,150	$79,200
CMHC/GE	$3,762	$2,762.1	$2,356.2	$0
Total Financing	$97,812	$91,862.1	$86,506.2	$79,200
Monthly P&I	$482.68	$453.32	$426.89	$390.84
Expenses	$0	$0	$0	$0
Total Payment	$482.68	$453.32	$426.89	$390.84
Income Required	$18,100.67	$16,999.61	$16,008.47	$14,656.41

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

LANDVIEW REALTY LTD.

Listing -1 of 0

Sharon Soltanian

Broker Of Record

Dir:

416-892-0188

Bus:

416-901-8881

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At a Glance:

Type:	Com - Sale Of Business
Area:	Toronto
Municipality:	Toronto C08
Neighbourhood:	Church-Yonge Corridor
Style:
Lot Size:	x 0.00(Feet)
Approximate Age:
Tax:	$0
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
Air Conditioning:
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