For Sale
880 Ellesmere Road 202/203 #202/203
Dorset Park, Toronto, ON
$300,000
0Bd
0Ba
—sqft
CommercialMLS# E9039551Listed 2024-07-15642 DOM
On the market for 642 days — longer than average. The seller may be open to negotiation.
About this home
Thriving, Well Established & Successful Caribbean Restaurant In The Heart Of Scarborough. Turnkey Operation, Up To 220 Seats + 48 Seat Fully Licensed Patio. With 2 Entrance, 4664 Sq.Ft Approx. LIQUOR LICENSE TRANSFERABLE. Very High Traffic Location Close To 401 & Many Retail, Wholesale Businesses & Densely Populated Residential Areas Creating A High Volume Of Mixed Community Customer Base. Don't Miss This Golden Opportunity. Could Be Easily Converted To Asian, Middle Eastern Or Western Restaurant. Steady Traffic Throughout The Day Area. OWNER RETIRING After 7 Years Of Successful Business. Total Renovations & Upgrades Done By The Current Owner, Spent $$$$. Well Equipped Kitchen. New HVAC System Installed 5 Years Ago. Ample Customer Parking. Lease Until 2025 With Option To Renew.Please check VIRTUAL TOUR".
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield10.0% – 32.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market642 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
72
/ 100
Walk Score
Very Walkable
58
/ 100
Transit Score
Good Transit
70
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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