462-464-466-468 ADELAIDE STREET E

Toronto  ON  M5A 4L6
MLS®C13560046
  • $4,999,000
  • For Sale
462-464-466-468 ADELAIDE STREET E
Toronto  ON  M5A 4L6
MLS®C13560046
$4,999,000
For Sale

Description

Commercial Condo Investment For Sale! . Rare opportunity to acquire a premium investment property in the heart of Toronto's vibrant King East neighbourhood at a 5% cap rate. This fully leased, approximately 4,300 sq. ft. commercial condominium is occupied by the highly successful Huwa Beirut restaurant, offering an exceptional turnkey investment for landlords seeking stable, long-term income. The restaurant features seating for approximately 120 guests and has established itself as a popular dining destination. A strong, long-term lease is in place with an experienced and successful tenant, providing reliable cash flow and minimal management. Located on Adelaide Street East in a high-demand mixed-use corridor surrounded by residential, office, and hospitality developments, this is an outstanding opportunity to add a quality, income-producing asset to any investment portfolio. Restaurant brand is not included. Please do not go direct or speak to staff. (id:27)

Features

  • Floor Space (approx): 4300 Square Feet
  • Zoning: Commercial
  • Parking Type: Other
  • Property Type: Retail
  • Style: Retail
  • Cooling Type: Fully air conditioned
  • Heating Fuel: Natural gas
  • Heating Type: Forced air
  • Neighbourhood Moss Park
  • Zoning Type Commercial
  • Floor Space 4300 FEETSQ
  • Water Municipal water