23 DREWRY AVENUE, Toronto, Ontario
$288,000
- 1 Bath
- 1,050 Square Feet
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:23309)
- Listing ID: C13575608
- Property Type: Business
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 23 DREWRY AVENUE in Toronto Ontario. It was last modified on July 17th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Toronto real estate for sale.