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Moe Kamali

Broker Of Record
Kamali Group Realty , Brokerage Independently owned and operated. 30 Drewry Ave, Toronto, Ontario M2M 4C4 Office: 416-994-5000Fax: 416.352.5397

$179,000
Available - For Sale
Listing ID: E12912760
19 Glendinning Avenue , Toronto, M1W 3E2, Toronto


This 2,750 sq ft commercial unit at Passmore Shoppe Plaza at Scarborough, offers an ideal space for food businesses such as central kitchen, bakery, meat processing, catering, food prep or a variety of other food related uses. The unit has a commercial size walk-in freezer and walk-in fridge, both walk-ins have dual compressors for efficiency and redundancy, 8 foot exhaust hood, epoxy floors throughout for easy cleaning, floor drain, one designated parking spot for the tenant, and ample customer parking. It features both front and back entrances, along with a drive-in shipping door for convenient loading and unloading. Electrical is 225A, 3 Phase. Located in a vibrant area surrounded by residential and commercial developments, this space currently operates as a central production kitchen. It includes one washroom and benefits from a low rent of $15/ sq ft + TMI $11/sq ft. This is an ASSET SALE ONLY, with a sublease in place until April 30th, 2027, and the option to renew. Lease takeover is subject to landlord approval and credit check. This space is the perfect opportunity for a ghost retail kitchen, food lab R&D, cooking school, or food related business seeking a turnkey operation in a strategic location. Can't Miss it!
Price $179,000
Minimum Rental Term: 13
Taxes: $11.00
Tax Type: TMI
Occupancy: Owner
Address: 19 Glendinning Avenue , Toronto, M1W 3E2, Toronto
Postal Code: M1W 3E2
Province/State: Toronto
Legal Description: PARCEL A-1, SECTION M1716 BLK A & PT BLK
Directions/Cross Streets: Pharmacy / Steeles
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
Category: Without Property
Use: Bakery
Building Percentage: F
Total Area: 2750.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 0
Employees #: 0
Seats: 0
Washrooms: 1
Drive-In Level Shipping Doors #: 1
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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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.
RE/MAX EXCEL REALTY LTD.
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Bus:
416-994-5000
Fax:
416.352.5397
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E05
Neighbourhood: Steeles
Style:
Lot Size: x 1.00(Feet)
Approximate Age:
Tax: $11
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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