1260 The Queensway N/A, Toronto, ON M8Z 1S2

Property Description

Corner Commercial & Residential Building With 4 Apartments. Great Exposure, Banks & Car Dealerships, Dental Office & Drug Store Just Next Door. Major Route & Lots Of Traffic, Rapid Developing Area with lots of new Condos, Minutes To Ikea, Qew, Ttc To Subway, M/M Tenants Pay Hydro, Roof About 15 Yrs, Windows 10 Yrs, Owners Run Chinese Restaurant With Sit In (12 Seats, 5 Tables). Mostly Customers Pick Up, Very Profitable Business, Owners Retiring, Vacant Possession Of Restaurant. Price For Building + Restaurant Equipment (See Schedule "C"). Suitable For Any Other Business. Buyer To Assume Existing 4 Tenants. There are 3x4pc. & 1x3pc. Bathrooms and 2x2pc Washrooms. Basement with One Apartment and Separate Entrance. Rental Income from Four Apartments is $5,500/month. Restaurant Business $7,000-$8,000/week.