40 KING STREET W
Toronto (Bay Street Corridor), Ontario
MLS® C13820174
$150,000
- Status
- Active
- Property type
- Business
- MLS® number
- C13820174
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
GREAT OPPORTUNITY TO OWN one of Canada's Leading National Health Food Chain "Nutrition House" IN SCOTIA PLAZA AT YONGE AND KING ST W, Downtown Toronto. Includes an NH Direct ecommerce website, Area: 1137square feet. Royalties: 5% of Sales, Good Income.
Gross Monthly Rent: $6,500 plus utilities plus 14% of sales in excess of $557,000 in year 1,Located in a thriving Business Community in the Heart of Toronto at the base of 3 integrated buildings and 2,000,000 square feet of combined office space Office tenants include Scotiabank, Pacific Life Insurance, and Northleaf Capital Partners, Part of the busy underground P. A. T.
H. system that accommodated over 200,000 daily commuters. Great co-tenants including Oxygen Yoga Fitness, Winners, L'Attitudes, Aroma, Ninki Sushi, Thai Express, and Tim Hortons, Busy King Subway Station on-site.
Term - 5 years plus an option for 5 years, Price Includes a newly renovated store. AVAILABILITY : JANUARY 2027
Property summary
- MLS® number
- C13820174
- Property type
- Business
- Leasable Area
- 1,137 sq ft
- Parking
- Underground
- Days on market
- 10 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Elevator
What would this home cost you?
Based on the $150,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.