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York University Heights · M3J 2C7
$328,000
MLS® #W12920726
About This Property
Exceptional opportunity to acquire a well-established Mediterranean/Turkish restaurant with a loyal customer base. Known for its authentic cuisine and elegant dining experience, this turnkey operation is fully equipped and ready for immediate takeover. The restaurant features a beautifully designed dining area, a fully equipped professional kitchen with walk-in cooler and refrigerator, and a well-appointed bar area that can be operated independently if desired. Liquor Licensed for 96 seats, including 76 indoor and 24 patio seats, with the patio included in the lease. Strategically located in a high-visibility, high-traffic plaza alongside major anchor tenants including Mandarin and other established businesses, ensuring consistent customer flow. Strong gross income with significant upside potential through extended hours, catering, and delivery services. Attractive lease terms with excellent value-gross rent of $12,095 (including Net and TMI) for 3,350 Sqft, and a 5+5 year lease available. This turnkey business combines a prime location, efficient operations, and a proven concept, making it a rare opportunity in today's competitive restaurant market. Ideal for experienced operators or entrepreneurs seeking a profitable and scalable venture. Training and support may be available for a smooth transition.
General Information
Building & Mechanicals
Parking & Garage
Lot & Land
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Estimated monthly payment
$1,611
Down payment: $65,600 · Loan: $262,400
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
RE/MAX HALLMARK REALTY LTD.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.