Photo of 261 Cedarvale AvenueJust Listed
$799,900
261 Cedarvale Avenue
Excellent opportunity to purchase an established, free-standing restaurant located on a prime intersection in East York. Fully-equipped restaurant with L.L.B.O. for 48 seats + 46 seat enclosed patio, complete grill kitchen with 3 exhaust hoods all built to code (1-20 ft, 1-6ft, & 1 5 ft hood), steam tables, counter fridges, 2 walk-in coolers, 1 walk-in freezer, glass washer, & dishwasher. All equipment owned. Includes separate BBQ cooking room for large rotisserie spit for grilling all kinds of meats. 13 parking spaces for customers. Lease 3 years + 5 + 5 + 5 years options to renew. Rent $15,100/Month includes T.M.I. & H.S.T. Note: Staff willing to stay. Brand name and goodwill NOT included. If buyer wants brand name, then price is $1.4M and includes catering unit next door for storage & prep, food truck, & delivery van - mostly take-out & catering business. Please do not talk to staff/customers - please visit with appointment only.
| MLS® Number | E12644444 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 2,000 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Danforth / East York |
| Postal Code | M4J 2S4 |
| Province | ON |
| Listed Date | January 30, 2026 |
| Days on Market | 122 |
| Price per Sq Ft | $100 |
| Brokerage | HOMELIFE/BAYVIEW REALTY INC. |
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