$299,000
Available - For Sale
Listing ID: W10897466
401 Magnetic Dr , Unit 39-40, Toronto, M3J 3H9, Ontario


Rare Opportunity. Established Bar & Nightclub for Sale! This Bar Offers a Modern, Luxuriously Designed Space, Featuring a Fully Equipped, Fully Renovated Interior, State-of-the-Art Sound and Lighting Systems and a Well-Stocked Bar. Perfect for Entrepreneurs Looking to Own a Turnkey Entertainment Business with Proven Profitability. Every Equipment inside bar included in the listing price.
Extras:   Leased until January 2029 Plus 5 years option. Buyer pay Security Deposit($30,273.32) back to the Seller(The security deposit that the Landlord keeps belongs to the Buyer.) Rent included TMI $3,787.38
Price $299,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 401 Magnetic Dr , Unit 39-40, Toronto, M3J 3H9, Ontario
Apt/Unit: 39-40
Postal Code: M3J 3H9
Province/State: Ontario
Directions/Cross Streets: Steeles Ave W and Dufferin St
Category: Without Property
Use: Bar/Tavern/Pub
Building Percentage: N
Total Area: 1402.00
Total Area Code:  Sq Ft
Retail Area: 1402
Retail Area Code: Sq Ft
Business/Building Name: Jay Jay Drink & Chill
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: 5pm-12a
Employees #: 10
Seats: 100
LLBO: Y
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE FRONTIER REALTY INC.
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: York University Heights
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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