##110 35 McCaul Street, Toronto (Kensington-Chinatown) - Business for Sale
##110 35 McCaul Street, Toronto (Kensington-Chinatown), Ontario, M5T1V7
This business in Toronto is for sale offering roughly 1,741 sq ft of space.
Description
Turnkey Hospitality Venue | Café by Day, Lounge by Night. Exceptional opportunity to acquire a beautifully designed, fully licensed café & cocktail lounge in the heart of Downtown Toronto. Located steps from OCAD University, the Art Gallery of Ontario and Queen West, this premium 1,741 sq. ft. space features a custom copper bar, terrazzo flooring, exposed brick, premium equipment, transferable liquor/business/music licenses, and a strong lease. Designed for seamless day-to-night operations with multiple revenue streams. Ideal for a café, cocktail lounge, wine bar, espresso bar, dessert concept or boutique hospitality brand. Skip the costly build-out and open immediately. Flexible acquisition structure available: Purchase for $50,000 plus assumption of the existing CSBFP loan (subject to lender approval). (id:66096)
Property Details
- MLS®
- C13512728
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C01
- Interior Size
- 1,741 ft²
- Lot Size
- 87 × 122 ft (10,641 sq ft)
- Frontage
- 87 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 125 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 125 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Kensington-Chinatown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $99,000, about 1.6× the local median household income of $61,600.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$99,000
Toronto