462-464-466-468 Adelaide Street, Toronto, Ontario, Canada, M5A4L6
4,999,000
for Sale
About the property:
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.
Commercial Retail
false
- Property Type:
- Commercial Retail
- Status:
- for Sale
- Business Type:
- Hospitality/Food Related
- Heating Type:
- Gas Forced Air Open
- Cross Street:
- Adelaide St E & Sherbourne St
- Annual Property Taxes:
- 37,342
- Listing ID:
- C13560046
Rooms
Dimensions
Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
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