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$299,900 Sale
Listed 2 days ago
701 Grandview Street N, #4B
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Key Facts
Key facts for 701 Grandview Street N, #4B
Property Type
Commercial
Parking
Plaza
MLS #
E12456737
Size
-
Basement
-
Listed on
2025-10-09
Lot size
45 x 58.0
Tax
$16 /yr
Days on Market
4
Approximate Age
6-15
Maintenance Fee
-
Description
This is your chance to take over a well-established and beloved neighbourhood pub and restaurant that has been a true community gathering place for years. The Toad Stool Pub & Restaurant has built its reputation as the local watering hole, where regulars, families, and friends come together to enjoy... a relaxed atmosphere, hearty meals, and great drinks. Its charm lies not only in the quality of the food and service but also in the sense of connection and familiarity that keeps customers coming back week after week.The premises are designed to accommodate year-round business with 60 indoor seats and an additional 37 seats on the outdoor patio, making it equally attractive in both summer and winter months. The layout allows for an intimate pub feel while still being able to handle group gatherings, celebrations, and sports nights, which form an important part of the revenue mix.Financially, the business is solid and consistent. With annual sales of approximately $650,000 and average monthly profits ranging between $5,000 and $7,000, the pub provides stable income and proven performance. What makes the opportunity especially appealing is that it has been operated by a largely hands-off owner, meaning that an engaged, hands-on operator has plenty of room to build on this foundation, grow revenues further, and capture more of the upside.The lease in place provides stability, with all-in monthly rent of $10,384 through February 2026. There is a 5-year renewal option already available, and the landlord has indicated a willingness to discuss longer-term lease extensions with the right purchaser. This provides excellent flexibility for a buyer who wants both immediate cash flow and long-term security.With its strong financials, established clientele, excellent patio, and a reputation as a true neighbourhood staple, The Toad Stool Pub & Restaurant represents a rare opportunity to acquire a profitable, turn-key business with both stability and growth potential.
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Courtesy of: RE/MAX MILLENNIUM REAL ESTATE