1027 Finch Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of York University Heights. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $328,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 260 x 500 ft lot size
- Convenient visitor garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Exceptional opportunity to acquire a well-established Mediterranean/Turkish restaurant with a loyal customer base. Known for its authentic cuisine and elegant dining experience, this turnkey operation is fully equipped and ready for immediate takeover. The restaurant features a beautifully designed dining area, a fully equipped professional kitchen with walk-in cooler and refrigerator, and a well-appointed bar area that can be operated independently if desired. Liquor Licensed for 96 seats, including 76 indoor and 24 patio seats, with the patio included in the lease. Strategically located in a high-visibility, high-traffic plaza alongside major anchor tenants including Mandarin and other established businesses, ensuring consistent customer flow. Strong gross income with significant upside potential through extended hours, catering, and delivery services. Attractive lease terms with excellent value-gross rent of $12,095 (including Net and TMI) for 3,350 Sqft, and a 5+5 year lease available. This turnkey business combines a prime location, efficient operations, and a proven concept, making it a rare opportunity in today's competitive restaurant market. Ideal for experienced operators or entrepreneurs seeking a profitable and scalable venture. Training and support may be available for a smooth transition.
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Pricing & Value Insights
Data-driven valuation for 1027 Finch Avenue W 7A, Toronto W05, ON M3J 2C7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $328,000 in Toronto, the legal minimum down payment is $16,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,395 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,395 also applies, bringing the total estimated land transfer taxes to $6,790.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
