$258,000
Available - For Sale
Listing ID: C13575608
23 Drewry Avenue , Toronto, M2M 1C9, Toronto
| An outstanding opportunity to own a well-established and profitable café in the heart of Yonge & Drewry, one of North York's most desirable commercial locations. Surrounded by office buildings, high-rise condominiums, schools, and residential communities, this business enjoys excellent visibility, strong foot traffic, and a loyal customer base. The café generates strong sales and an attractive net income while benefiting from an affordable gross rent of only $3,960 per month (TMI included). Utilities are paid separately, and the annual insurance premium for the unit is approximately $3,000. A new lease is available for the incoming owner. The current lease expires in September 2027 and includes an option to renew for an additional two years. Operating seven or six days a week from 8:00 AM to 9:00 PM, the business offers a simple, easy-to-manage operation with a streamlined menu and a fully equipped kitchen. The beautifully renovated interior creates a warm and inviting atmosphere, requiring no additional investment. This business also offers excellent growth potential through catering services and increasing residential density, with several new condominium developments planned nearby. |
| Price | $258,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 23 Drewry Avenue , Toronto, M2M 1C9, Toronto |
| Postal Code: | M2M 1C9 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Yonge And Drewry |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Without Property |
| Use: | Cafe |
| Building Percentage: | F |
| Total Area: | 1050.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Cafe Namoo |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 8:00am |
| Employees #: | 3 |
| Seats: | 45 |
| Sprinklers: | Yes |
| Washrooms: | 1 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| HOME STANDARDS BRICKSTONE REALTY |
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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 C07 |
| Neighbourhood: | Newtonbrook West |
| Baths: | 1 |
| Fireplace: | N |
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