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3031 W Lake Shore Blvd

Toronto, ON M8V 1K5
  • $138,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: W5743771
UPDATED: 31 min ago
$138,000
  • 0
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

Description

The Bar Has Many Regular Customers. Stable Business. About 1400 Square Feet, Monthly Sales Of About $30,000, Rent: $5808 (Including Tmi And Hst), The Lease Remained 4 Years + 5 Years (Option). There Are Also Three Units Upstairs Which Rented At $2249 Per Month. The Actual Rent Of The Bar Is: $3559. Jukeboxes, Pool Tables, Atms And Gambling Machines (Legal) Make About $2000 A Month. The Bar's Annual Net Profit Is Around $120,000 (The Owner's Salary Is Not Included, And The Owner's Salary Is $2500/Month).

Extras: All Existing Inventory And Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.

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Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-09-24T15:41:02.35.
www.bluemountainproperty.ca/homes/132472324
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3031 W Lake Shore Blvd Toronto, ON M8V 1K5

  • Price: $138,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 31 min ago
  • MLS #: W5743771
0
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
New Toronto
County:
Ontario
Area:
Toronto W06
Property Description
The Bar Has Many Regular Customers. Stable Business. About 1400 Square Feet, Monthly Sales Of About $30,000, Rent: $5808 (Including Tmi And Hst), The Lease Remained 4 Years + 5 Years (Option). There Are Also Three Units Upstairs Which Rented At $2249 Per Month. The Actual Rent Of The Bar Is: $3559. Jukeboxes, Pool Tables, Atms And Gambling Machines (Legal) Make About $2000 A Month. The Bar's Annual Net Profit Is Around $120,000 (The Owner's Salary Is Not Included, And The Owner's Salary Is $2500/Month).

Extras: All Existing Inventory And Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Exterior Features

Garage Type Outside/Surface Lot Depth 100.00 Lot Front 24.44 Lot Size Code Feet Parking Spaces 2

Interior Features

Air Conditioning Part Basement Y Heat Type Baseboard Office Apartment Area 50 Office Apartment Area Code % Retail Area 50 Retail Area Code % Seats 70 Total Area 4000.00 Total Area Code Sq Ft

Property Features

Category Without Property Chattels Yes Commercial Type Sale Of Business Cross Streets Lake Shore/Tenth Days Open 7 Employees 2 Financial Statement No Franchise No Hours Open 12-2Am List Price Type For Sale LLBO Yes Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Tax Year 2021 Taxes 751.00 Taxes Type T.M.I. Use Bar/Tavern/Pub Water Municipal Zoning Cr

Listing courtesy of Real One Realty Inc., Brokerage.
Listing information © 2022 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Sotheby's International Realty Canada. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2022-09-24T15:41:02.35.
 
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