A fantastic opportunity to own a newly renovated, fully equipped restaurant and banquet hall offering Persian and international cuisine. Located in a high-traffic area near York University, Finch West Station, major highways, and transit hubs, this venue is ideal for dine-in, take-out, and events.Spanning 7,350 sq. ft., the property features a 3800 sq. ft. banquet hall accommodating 150-200 guests for weddings, parties, and events. The restaurant offers indoor seating for 90 guests and 32 VIP rooms for private dining or small parties. Theres also an optional patio, separate take-out entrance, and ample parking for customers.The professional kitchen is fully outfitted with two hood vents, fire suppression systems, walk-in coolers and freezers, as well as additional storage space in. The property includes seven washrooms, BBQ tables, and is equipped for Uber Eats and Door Dash.This well-established restaurant has over $700,000 in upgrades, with all chattels and fixtures included. With three years left on the current lease and a 5+5 year renewal option, this is a secure investment for a family business or rebranding opportunity. The property is suitable for any cuisine and offers significant potential for growth and expansion in a thriving commercial and residential area. Don't miss out on this turn-key opportunity to own a successful restaurant and banquet hall with endless possibilities. Oven and Dishwasher are not included (see rental items).
Address
4&5 - 1101 Finch Avenue W
List Price
$298,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Toronto W05
Sub-Area
York University Heights
County
Toronto
Lot Type
Lot
Lot Size Units
Feet
MLS® Number
W11899849
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Postal Code
M3J 2C9
Tax Amount
$8.46
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Visitor