$130,000
Available - For Sale
Listing ID: W11945247
2240 Lake Shore Blvd West , Unit 104, Toronto, M8V 0B1, Ontario


Fully-equipped burger & burrito business for sale in prime Mimico located on the ground floor of a high-rise condo complex. Lots of new condo developments still coming soon. Right across from 3 boat clubs with 800+ boats. Over $180K spent in renovations & electric exhaust hood. Can be converted to any type of cuisine (shawarma, burgers, Indian, Thai, Chinese, etc). Ideal for franchises. Don't miss this opportunity. ***Note: Brand name is NOT included & will be removed by seller.*** Employee-operated - do not talk to staff or customers. **EXTRAS** Equipment includes walk-in cooler, 2 standing freezers, 3 chest freezers, 2 warmers, prep tables, cameras, TV's, 2 fryers, 3 grills. Rent $6500/month includes TMI & HST. Lease 2.5 years + 5 years option to renew.
Price $130,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 2240 Lake Shore Blvd West , Unit 104, Toronto, M8V 0B1, Ontario
Apt/Unit: 104
Postal Code: M8V 0B1
Province/State: Ontario
Directions/Cross Streets: Lake Shore/Park Lawn
Category: Without Property
Use: Fast Food/Take Out
Retail Area: 1100
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: 11am-11
Employees #: 3
Seats: 5
LLBO: N
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $6,500 $13,000 $19,500 $26,000
First Mortgage $123,500 $117,000 $110,500 $104,000
CMHC/GE $4,940 $3,627 $3,094 $0
Total Financing $128,440 $120,627 $113,594 $104,000
Monthly P&I $633.83 $595.27 $560.57 $513.22
Expenses $0 $0 $0 $0
Total Payment $633.83 $595.27 $560.57 $513.22
Income Required $23,768.56 $22,322.72 $21,021.22 $19,245.79

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$320.76
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.
HOMELIFE/BAYVIEW REALTY INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Mimico
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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