23 DREWRY AVENUE, Toronto (Newtonbrook West)

2026-07-17
 

Quick Summary

Location
23 DREWRY AVENUE, Toronto (Newtonbrook West), Ontario M2M1C9
Price
$258,000 CAD
Status:
For Sale
Property Type:
Business
Area:
1050 sqft
Bathrooms:
1

MLS®#C13575608

Property 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. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 1050 sqft
  • Utility Water: Municipal water

Zoning

  • Description: Commercial

Information entered by HOME STANDARDS BRICKSTONE REALTY
Listing information last updated on: 2026-07-24 14:00:00


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