Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

164 The Esplanade Avenue, Toronto C08, ON M5A 4H2 (The Esplanade & Frederick St.)
$ 249000 - MLS : C12957762

From Our Gallery

Description

Opportunity to purchase this successful & well established local licensed pizzeria restaurant with an appetizing menu in business for over 28 years. Within a short walk to the St. Lawrence Market & Community Recreation Centre, across the street from the doggy park & within minutes of The Gardner & the Waterfront. With a licensed dining room/bar for Approx. 38 patron's and a licensed covered patio for Approx. 30 patron's. Exclusive use of 2 rear parking spaces with 3 other spaces that can be used when available. High traffic high density location with over 1500 new luxury condo units just completed in a master planned community at Time & Space by The Pemberton Group within immediate proximity of the restaurant. Terrific Co-Op lease in place with the city with 4.5 years remaining + 5 year option with no issues renewing with very little to no increases. Sellers have spent approx. 80k on chattels and renovations in past couple of years. ****This Restaurant Was The Proud Recipient Of The 2024 Restaurant Guru Award**** Known Locally By Many For Their Famous Pizza

Location Description

The Esplanade & Frederick St.

Property Detail

Community: Waterfront Communities C8
Property Type: Owner/Commercial
Bath: 2
Garages: None
Annual Property Taxes : $ 0

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: CENTURY 21 PERCY FULTON LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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