Address
500 Bloor Street W, Toronto, ON
Price
$ 499,000
Property Attributes
  • ID#C13735176
  • TypeCommercial
  • Listing Status Active
  • MunicipalityToronto
  • CityToronto
  • NeighbourhoodAnnex
  • Postal CodeM5S 1Y3
  • StyleCommercial Business
  • Price$ 499,000
  • Bedrooms{}
  • Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1844
Data Source:
RLP - CREA EN
Property Description

Exceptional 24/7 A&W franchise opportunity in the heart of Toronto's vibrant Annex neighbourhood. Ideally positioned on Bloor Street West, this busy 1,844 sq. ft. location benefits from outstanding pedestrian traffic and proximity to the University of Toronto, schools, offices, residences and the major Mirvish Village development. The restaurant offers seating for 26, strong sales, a loyal customer base and an efficient layout designed for high-volume quick-service operations around the clock. Franchise modernization has been completed to current standards, with no anticipated site upgrades for the next seven years. Currently operated by a hands-off owner, this is a fantastic opportunity for an active owner-operator to reduce management costs and further improve profitability. Full franchisor training and support are available, subject to approval, with royalties of 3.5% plus a 3% advertising contribution. Gross monthly rent is approximately $15,100 inclusive of TMI, plus HST with lease term remaining. Prospective purchasers are expected to have a minimum of 35% of the purchase price available in unencumbered cash and are subject to franchisor approval. A compelling turnkey opportunity backed by one of Canada's most recognized quick-service brands. Please do not go direct or speak with staff.

General Features

Zoning Business Commercial
Terms SALE
Neighbourhood Annex
Property Sub Type COMMERCIAL_BUSINESS
jumpId 29102735
Property Subtype French Commercial Business
Listing Type French Commercial
MLS C13735176
Property Type Business

Interior Features

Living Area Range 1844 sqft
Bedrooms {}
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Total Baths 3
Total Baths 3

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M5S 1Y3

Price
AVG $500K
$500K

Your Agent

Listed By
Jason Kleyn with Royal LePage Real Estate Services Ltd. ; Samira Kleyn