$4,999,000
Available - For Sale
Listing ID: C13560046
462-464 Adelaide Street East , Toronto, M5A 4L6, Toronto
| Rare opportunity to acquire a premium investment property in the heart of Toronto's vibrant King East neighbourhood. This fully leased, approximately 4,300 sq. ft. commercial condominium is occupied by the highly successful Huwa Beirut restaurant, offering an exceptional turnkey investment for landlords seeking stable, long-term income. The restaurant features seating for approximately 120 guests and has established itself as a popular dining destination. A strong, long-term lease is in place with an experienced and successful tenant, providing reliable cash flow and minimal management. Located on Adelaide Street East in a high-demand mixed-use corridor surrounded by residential, office, and hospitality developments, this is an outstanding opportunity to add a quality, income-producing asset to any investment portfolio. |
| Price | $4,999,000 |
| Taxes: | $37342.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 462-464 Adelaide Street East , Toronto, M5A 4L6, Toronto |
| Postal Code: | M5A 4L6 |
| Province/State: | Toronto |
| Legal Description: | UNIT 5, LEVEL 1, TORONTO STANDARD CONDOM |
| Directions/Cross Streets: | Adelaide St E & Sherbourne St |
| 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: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 4300.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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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 - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Tax: | $37,342 |
| Fireplace: | N |
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