$158,000

2F 556 Yonge St

Bay Street Corridor, Toronto, Ontario, M4Y 1Y8

| | sq.ft. |
Estimate Mortgage Payments

Properties with this icon are courtesy of TRREB.

In the heart of downtown Toronto, right next to Yonge and Wellesley Streets, lies a thriving board game cafe perfectly positioned to attract today's young crowd. This centrally located business boasts a spacious 4,122 sq ft across two floors. Completely renovated and equipped by the current owner for approximately $420,000, the cafe is move-in ready for continued success. The open lower floor offers a welcoming atmosphere with 10 tables, 40 seats, and a massive library of over 200 board games, catering perfectly to both couples and larger groups. Head upstairs and you'll find 8 private rooms ideal for a more intimate gaming experience, each equipped with automatic Mahjong tables. But the fun doesn't stop there! A convenient mini mart ensures you have all the snacks and drinks you need for your game night, while the kitchen, complete with LCBO licensing, allows you to enjoy alcoholic beverages as well. The current lease offers attractive terms with a monthly rent of approximately $22,179 (including TMI) and a remaining term of 5.3 years with a 5-year renewal option. Open seven days a week, the cafe caters to both weekday and weekend crowds, operating from 5 pm to 1 am Monday through Thursday and extended hours from 2 pm to 1 am on Fridays through Sundays. With sales steadily increasing as the cafe gains more popularity, this is a prime opportunity to step into a turn-key business with all the amenities, equipment, and licenses already in place for guaranteed success.

Property Info
MLS®: C8476874
Listing Courtesy of REAL ONE REALTY INC.
Total Bedrooms 0
Total Bathrooms 2
Basement N
Floor Space 0 sq.ft.
Lot Size 2839 sq.ft.
Style other
Last Updated 2024-08-22
Property Type Sale Of Business
Listed Price $158,000
Unit Pricing $158,000/sq.ft.
Strata Fee $0.00
Tax Estimate $1,000/Year
Interior Features
More Details
Sold History
MAP & Nearby Facilities (The data is not provided by TRREB)
Map
Nearby Facilities
Public Transit ({{ nearByFacilities.transits? nearByFacilities.transits.length:0 }})
SuperMarket ({{ nearByFacilities.supermarkets? nearByFacilities.supermarkets.length:0 }})
Hospital ({{ nearByFacilities.hospitals? nearByFacilities.hospitals.length:0 }})
Other ({{ nearByFacilities.pois? nearByFacilities.pois.length:0 }})
Mortgage Calculator (The data is not provided by TRREB)
$
$
$
%
%
Estimated Payments

$

Weekly Bi Weekly Semi Monthly Monthly
School Catchments
School Name Type Grades Catchment Distance
{{ item.school_type }} {{ item.school_grades }} {{ item.is_catchment? 'In Catchment': '' }} {{ item.distance }}
Book an Appointment
500 word remaining