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$ 199,900
Est. payment | /mo
2 Baths
$ 199,900
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Subdivision Crestwood-Springfarm-Yorkhill
MLS Listing ID N12435926
Annual Tax Amount $9,573
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
>>> OWNERS ARE RETIRING <<< **GREAT OPPRTUNITY TO OWN A WELL ESTABLISHED & KNOWN KOSHER CHINESE STYLE RESTAURANT**THE ONLY ONE OF IT'S KIND**PROMINENT CLARK & HILDA LOCATION IN THORNHILL**STEADY FLOW OF CLIENTELLE**IN BUSINESS FOR 30 YEARS**45 SEATS**CONVENIENT FEATURES SUCH AS DOUBLE DOOR ENTRANCE ELIMINATING COLD/HOT AIR INTO THE RESTAURANT, HANDICAPPED ACCESSIBILITY TO RESTAURANT & WASHROOMS, 2 WASHROOMS (MEN & WOMEN + SINK FOR WASHING HANDS, SEPARATE HVAC SETTINGS FOR RESTAURANT & KITCHEN, SOUND INSULATION (NO NOISE FROM OTHER UNITS)**CERAMIC FLOORING THROUGHOUT**JANITORIAL & STORAGE ROOMS**RESTAURANT CAN CONTINUE TO OPERATE AS SAME BY ABSOLUTELY ANYONE AND REMAIN KOSHER AS LONG AS A KASHRUT SUPERVISOR IS EMPLOYED (KASHRUT FEES $470)**OFFERING EAT-IN, TAKE OUT AND CATERING**UNLIMITED OPTIONS FOR MENU EXPANSION**SECURITY SYSTEM & 4 SURVEILANCE CAMERAS**HIGH TRAFFIC PLAZA**PLENTY OF PARKING**BACK DOOR LEADS TO SPACIOUS PARKING AREA FOR DELIVERIES**PRICE INCLUDES $60,000 OF HOUSEHOLD IMPROVEMENTS, ALL EQUIPMENT (SEE ATTACHED LIST), ALL INVENTORY REMAINING ON CLOSING DAY**SELLER IS WILLING TO STAY FOR A SPECIFIED TRAINING PERIOD**STAFF INCLUDES 5 FULL TIME(INCLUDING 2 OWNERS) AND 2 PART TIME**OPEN 6 DAYS A WEEK - NO RESTRICTION ON OPERATING HOURS**GREAT LANDLORD**WATER IS INCLUDED IN MONTHLY RENT**UTILITIES (GAS & HYDRO) ARE ABOUT $1,000 PER MONTH ON AVERAGE**MONTHLY LEASE PAYMENT BREAKDOWN: BASE RENT $6208.60 + TMI $1988.99 + WATER $274.63 = $8472.22 + HST $1101.39 = $9,573.61 TOTAL MONTHLY PAYMENT.
Location
Province ON
County York
Community Crestwood-Springfarm-Yorkhill
Area York
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 20.0
Lot Depth 97.5
Others
Security Features Yes
ParcelsYN No
Virtual Tour https://ontoproperties.com/tour/681183d13097b300148de8ba
Listed by RE/MAX REALTRON REALTY INC.
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