Commercial Condo Investment For Sale! . Rare opportunity to acquire a premium investment property in the heart of Toronto's vibrant King East neighbourhood at a 5% cap rate. This fully leased, approximately 4,300 sq. ft. commercial condominium is occupied by the highly successful Huwa Beirut restaurant, offering an exceptional turnkey investment for landlords seeking stable, long-term income. The restaurant features seating for approximately 120 guests and has established itself as a popular dining destination. A strong, long-term lease is in place with an experienced and successful tenant, providing reliable cash flow and minimal management. Located on Adelaide Street East in a high-demand mixed-use corridor surrounded by residential, office, and hospitality developments, this is an outstanding opportunity to add a quality, income-producing asset to any investment portfolio. Restaurant brand is not included. Please do not go direct or speak to staff. (id:13843)
| MLS # | C13560046 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 109 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | JASON KLEYN |
| SQ Feet | 4,300 |
|---|---|
| Zoning | Commercial |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 37342 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A4L6 |
| Listing VS Median (in M5A4L6) | |
Price: $4,999,000 low | high Med: $4,999,000 sqft: 4,300 low | high Med: 4,300 $ / sqft: $1,163 low | high Med: $1,163 On site: 109 low | high Med: 109 | |
| Province | ON |
|---|---|
| City | Toronto (Moss Park) |
| Postal Code | M5A4L6 |
| Listing VS Median (in M5A4L6) | |
Price: $4,999,000 low | high Med: $4,999,000 sqft: 4,300 low | high Med: 4,300 $ / sqft: $1,163 low | high Med: $1,163 On site: 109 low | high Med: 109 | |