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$ 499,000
Est. payment | /mo
2 Baths
$ 499,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto E01
Subdivision South Riverdale
MLS Listing ID E12555100
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
La Carnita, one of Toronto's original and most recognized taco brands, offers a prime opportunity on Queen East in the heart of Riverside. This 2,200 sq ft restaurant sits on the sunny north side of the strip and features an 80-seat liquor licence, with additional seasonal capacity through the CaféTO patio. The interior layout is ideal for high-volume service,featuring a welcoming cocktail bar at the front and ample dining space throughout. The chef's kitchen is fully equipped with a 12-ft commercial hood and two walk-in fridges, providing all the infrastructure needed for consistent and efficient operations. This location includes full support and training from head office, with royalties of 4% + 1%. The lease is very attractive at $9,823 gross (including TMI) with a strong 5 + 5 + 5 term remaining. Please do not go director speak to staff.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Zoning Business Commercial
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Building
Lot Description Lot
Lited by ROYAL LEPAGE SIGNATURE REALTY