23 Drewry Avenue Toronto, Ontario M2M 1C9
$288,000
An outstanding opportunity to own a well-established and profitable café in the heart of Yonge & Drewry, one of North York's most desirable commercial locations. Surrounded by office buildings, high-rise condominiums, schools, and residential communities, this business enjoys excellent visibility, strong foot traffic, and a loyal customer base. The café generates strong sales and an attractive net income while benefiting from an affordable gross rent of only $3,960 per month (TMI included). Utilities are paid separately, and the annual insurance premium for the unit is approximately $3,000. A new lease is available for the incoming owner. The current lease expires in September 2027 and includes an option to renew for an additional two years. Operating seven or six days a week from 8:00 AM to 9:00 PM, the business offers a simple, easy-to-manage operation with a streamlined menu and a fully equipped kitchen. The beautifully renovated interior creates a warm and inviting atmosphere, requiring no additional investment. This business also offers excellent growth potential through catering services and increasing residential density, with several new condominium developments planned nearby. (id:55499)
Business
| Name | Cafe Namoo |
Property Details
| MLS® Number | C13575608 |
| Property Type | Business |
| Community Name | Newtonbrook West |
Building
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,050 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
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July 17 2026 01:59:50
Toronto Regional Real Estate Board
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