202/203 - 880 Ellesmere Road
Toronto E04, ON
4,664 sqft • Sale Of Business • 767 days on market
Thriving, Well Established & Successful Caribbean Restaurant In The Heart Of Scarborough. Turnkey Operation, Up To 220 Seats + 48 Seat Fully Licensed Patio. With 2 Entrance, 4664 Sq.Ft Approx. LIQUOR LICENSE TRANSFERABLE. Very High Traffic Location Close To 401 & Many Retail, Wholesale Businesses & Densely Populated Residential Areas Creating A High Volume Of Mixed Community Customer Base. Don't Miss This Golden Opportunity. Could Be Easily Converted To Asian, Middle Eastern Or Western Restaurant. Steady Traffic Throughout The Day Area. OWNER RETIRING After 7 Years Of Successful Business. Total Renovations & Upgrades Done By The Current Owner, Spent $$$$. Well Equipped Kitchen. New HVAC System Installed 5 Years Ago. Ample Customer Parking. Lease Until 2025 With Option To Renew.Please check VIRTUAL TOUR".
Virtual Tour
Virtual Tour Available
Listing Details
- Originally Listed
- $498,800
- Listed
- July 15, 2024
Price History
Location & Legal
- Cross Street
- Kennedy & Ellesmere
- Zoning
- Commercial
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Included
- Inclusions
- All Tables & Seats
- Exclusions
- All Tv's, Warmer In Kitchen, Pool Table, Rental Surround Sound System.
Community
Postal area M1P
- Population
- 45,170
- Private dwellings
- 17,308
- Median age
- 39.6
- Average household size
- 2.7
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E04 · last 12 months
- Median sold price
- $815,000
- Homes sold
- 645
- Median days on market
- 21
- Sale-to-list price
- 99.2%
Based on 645 recorded sales of commercial properties in Toronto E04 over the last 12 months.
Listed by
HOMELIFE/FUTURE REALTY INC.