Located in the heart of Scarborough at the Scarborough Village Mall, this restaurant boasts a prime location with heavy traffic and ample parking. The space has recently undergone extensive renovations and is equipped with all new appliances, including a walk-in cooler/freezer. The layout of the restaurant offers a large frontage exposure, making it an ideal space for any type of restaurant.
With a monthly rent of $14,741, which includes TMI, HST, hydro, water, garbage, and pest control, this property offers a lease term until November 30, 2024, with an option for another 5-year renewal. This presents a great opportunity for a new owner to take over and continue the success of this well-positioned restaurant.
For those looking to invest in a property with a great location and potential for a successful restaurant business, this property at 3280 Midland Ave in Toronto, Ontario is an excellent opportunity. With its fully air-conditioned space and prime location in the Milliken community, this property is a promising investment for the right buyer.