780 Queen Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,000 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 2 Bathrooms
- Premium 16.15 x 150.19 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
El Cazo, 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. The lease is very attractive at $9,823 gross (including TMI) with a strong 5 + 5 + 5 term remaining. Please do not go direct or speak to staff.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 780 Queen Street E, Toronto E01, ON M4M 1H4
Based on 0 recent similar sales in the pocket.
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 $249,000 in Toronto, the legal minimum down payment is $12,450 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 $2,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,215 also applies, bringing the total estimated land transfer taxes to $4,430.
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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.
