787 King Street W
Niagara
Toronto
M5V 1N4
$399,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12310749
- Bus Major:
- Cafe
- Photos (19)
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Simit & Chai's original location on King Street West is a well-established and very popular licensed café in one of Toronto's busiest neighbourhoods. This charming and stylish spot has built a loyal customer base and benefits from strong foot traffic year-round. It carries a great history and track record of proven sales. The café occupies 1,271 sq ft with a gross rent of $9,062 including TMI, with a lease term in place. It is licensed for 29 interior seats plus an additional 10 on the patio, making it ideal for both dine-in and takeout. Full training will be provided for a smooth transition. This is a turnkey opportunity offering net operating income for hands-off ownership. A rare chance to take over a successful business in a high-demand area. Please do not go direct or speak to staff.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 1271 sq. ft. Square Feet
- Total Area:
- 1,271 sq. ft.118 m2
- Retail Area:
- 1271 sq. ft. Sq Ft
- Depth:
- 44'13.4 m
- Frontage:
- 28'10"8.78 m
- Lot Shape:
- Irregular
- Bathrooms:
- 1.0
- Water supply:
- Municipal
- Zoning:
- Business Commercial
- Heating type:
- Gas Forced Air Closed
- Survey Available:
- No
- Garage:
- Underground
- Parking Spaces:
- 1
- Possession Details:
- Tbd
- HST Applicable To Sale Price:
- Not Subject to HST
- Development Charges Paid:
- Unknown
- Type Taxes:
- N/A
- Taxes:
- $0 / 2024
- Assessment:
- $- / -
- Toronto C01
- Niagara
- Toronto
- Public Transit, Recreation/Community Centre
- None
- No
- No
- Amperage:
- 200
- Volts:
- 600
- Utilities:
- Available
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Business/Building Name:
- Simit & Chai
- Major Business Type:
- Cafe
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 8-4
- Employees:
- 4
- Chattels:
- Yes
- LLBO:
- Yes
- Outside Storage:
- No
- Seats:
- 39
- Date Listed:
- Jul 28, 2025
Larger map options:
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated September 10, 2025 at 06:15 PM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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