787 King ST W new

Toronto C01,ON M5V 1N4

$ 399000

- Bed

1 Bath

1271 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,271 sqft

Price per Sqft $313

Subdivision Niagara

MLS Listing ID C12310749

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Simit & Chai's original location on King Street West is a well-established and very popular licensed café in one of Toronto's busiest neighbourhoods. This charming and stylish spot has built a loyal customer base and benefits from strong foot traffic year-round. It carries a great history and track record of proven sales. The café occupies 1,271 sq ft with a gross rent of $9,062 including TMI, with a lease term in place. It is licensed for 29 interior seats plus an additional 10 on the patio, making it ideal for both dine-in and takeout. Full training will be provided for a smooth transition. This is a turnkey opportunity offering net operating income for hands-off ownership. A rare chance to take over a successful business in a high-demand area. Please do not go direct or speak to staff.

Location

Province ON

County Toronto

Community Niagara

Area Toronto

Interior

Cooling Yes

Exterior

Community Features Public Transit,Recreation/Community Centre

Utilities Available Available

Lot Frontage 28.8

Lot Depth 44.0

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