8 Glen Watford Dr, Toronto, Ontario M1S 2C1

  • $149,000
8 Glen Watford Dr, Toronto, Ontario M1S 2C1
Active
8 Glen Watford Dr, Toronto, Ontario M1S 2C1
  • $149,000

Overview

Property ID: E8474098
  • Commercial Sale, Business
  • Property Type
  • 2
  • Bathrooms
  • 1100
  • Sqft

Description

Established Hong Kong-style restaurant available in Scarborough! This well-known community favourite has been around for over 20 years and boasts a loyal customer base. Located at a high-traffic corner on Sheppard Ave and Midland Ave, the restaurant occupies a prime spot within a plaza with ample parking. This 1,100 sq ft space on the main floor features 46 seats, 2 washrooms, and basement storage. The fully equipped commercial kitchen includes a 20 ft exhaust fan and 2 walk-in fridges, perfect for supporting dine-in, takeout, and delivery services. Currently open 7 days a week from 7AM to 4PM, the restaurant generates approximately $50,000 in monthly sales and enjoys significant profits. The surrounding mature neighbourhoods and businesses create a steady breakfast and lunch rush, with the potential for significant growth by expanding dinner service. The monthly rent is $5,917 (including TMI & HST) and lease has 3.5 + 5 years remaining. This is a fantastic opportunity to own a well-established and profitable business in a prime Scarborough location. This restaurant can be rebranded to offer a different cuisine if desired.

  • Address 8 Glen Watford Dr
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M1S 2C1
  • Area Agincourt South-Malvern West

Details

Updated on June 24, 2024 at 4:23 pm
  • Property ID: E8474098
  • Price: $149,000
  • Property Size: 1100 Sqft
  • Bathrooms: 2
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: E8474098

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
elitenikhanda
  • elitenikhanda

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
elitenikhanda
  • elitenikhanda