$4,999,000
Available - For Sale
Listing ID: C13560046
462-464 Adelaide Street East , Toronto, M5A 4L6, Toronto
| 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. |
| Price | $4,999,000 |
| Taxes: | $37342.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 462-464 Adelaide Street East , Toronto, M5A 4L6, Toronto |
| Postal Code: | M5A 4L6 |
| Province/State: | Toronto |
| Legal Description: | UNIT 5, LEVEL 1, TORONTO STANDARD CONDOM |
| Directions/Cross Streets: | Adelaide St E & Sherbourne St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 4300.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | % |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
|
|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-391-3232
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C08 |
| Neighbourhood: | Moss Park |
| Tax: | $37,342 |
| Fireplace: | N |
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