$230,000
23 Drewry Avenue, Toronto, ON M2M 1C9
— beds1 baths
Key facts
- MLS®
- C13575608
- Status
- Price Change
- Type
- Sale Of Business
- Taxes
- $0
- Listed
- 2026-07-17
- Brokerage
- HOME STANDARDS BRICKSTONE REALTY
- Cross street
- Yonge And Drewry
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.