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SaleSale Of Business

23 Drewry Avenue

Toronto C07, ON M2M 1C9

Price

$230,000

Building Size

1,050 sq ft

MLS# C13575608 | Listed by HOME STANDARDS BRICKSTONE REALTY

Business Details

Business Type

Cafe

Property Use

Without Property

Hours / Days

Open 6 Days

Franchise

No

Commercial Space & Financials

Retail Area

950 sq ft

Property Description

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 & Status History

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Location

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23 Drewry Avenue, Toronto C07 M2M 1C9

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Listing Courtesy of: HOME STANDARDS BRICKSTONE REALTY

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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