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$ 299,900
Est. payment /mo
New
701 Grandview ST N #4B Oshawa, ON L1N 0V4
2,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $115
Subdivision Pinecrest
MLS Listing ID E12456737
Annual Tax Amount $16
Tax Year 2024
Property Sub-Type Sale Of Business
Property 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.
Location
Province ON
County Durham
Community Pinecrest
Area Durham
Interior
Cooling Yes
Exterior
Lot Frontage 45.0
Lot Depth 58.0
Building
Building Age 6-15
Others
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Listed by RE/MAX MILLENNIUM REAL ESTATE
