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$ 499,000
Est. payment /mo
New
780 Queen ST E Toronto E01, ON M4M 1H4
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
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
State ON
County Toronto
Community South Riverdale
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 16.145
Lot Depth 150.19
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY