Sale Of Business for sale at 486 Front Street, Toronto, Ontario, M5V 0T1 - Waterfront Communities C1 - MLS: C12904718

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486 Front Street

Toronto, Ontario, M5V 0T1 - Waterfront Communities C1

$89,000

Neighbourhood

Waterfront Communities C1
Major Intersection

Front St & Spadina Ave

Listed Since: 43 day(s)
Last update: today

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

n/a
Basement

N
Kitchen

n/a
Total Parking

n/a
Lot Size

Available Upon Request
Taxes

n/a
Type

Commercial

Property Description

Property description for 486 Front Street, Toronto

Turnkey restaurant opportunity in the heart of Toronto's highly coveted Well development. Approximately 400 square feet, fully renovated and ready for immediate operation. Equipped with a 10-foot full-size commercial exhaust hood, fridges and freezers, prep area, dedicated storage, and an efficient, low-overhead layout. This space is ideally suited for a wide range of concepts including quick-service restaurants, takeout and delivery-focused brands, specialty ethnic cuisines, dessert or cafe hybrids, and chef-driven concepts looking for a flagship or test location. The strong daytime population, residential density, office presence, and year-round tourism at The Well create multiple revenue streams beyond traditional dine-in. Offered with a brand new lease, providing long-term stability in one of Toronto's most active mixed-use destinations. An excellent opportunity for owner-operators, first-time restaurateurs, or established brands seeking a strategic Toronto presence. Floor plans available. Gross Rent of $14,441.24 including TMI & HST. Lease expires 2034 with 2 x 5 year renewal options.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property details

MLS #

C12904718
Sq. Ft

400
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Other
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

C12904718
Sq. Ft

400
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Other
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 486 Front Street, Toronto

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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