• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$799,000
Available - For Sale
Listing ID: E13077728
8130 Sheppard Avenue East , Toronto, M1B 3W3, Toronto


A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dine restaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interior decorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-end dining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over $1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rent of ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. There is also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.
Price $799,000
Taxes: $0.00
Tax Type: N/A
Assessment Year: 2025
Occupancy: Tenant
Address: 8130 Sheppard Avenue East , Toronto, M1B 3W3, Toronto
Postal Code: M1B 3W3
Province/State: Toronto
Directions/Cross Streets: Morningside Ave. and Sheppard Ave. E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Total Area: 3312.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: Sankalp Restaurant -The Taste of Indi
Financial Statement: T
Chattels: T
Franchise: T
Hours Open: 12 pm -
Employees #: 5
Seats: 68
Washrooms: 4
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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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.
RIGHT AT HOME REALTY
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E11
Neighbourhood: Rouge E11
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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