1487 Dundas Street, London East

$89,990
1487 Dundas Street

$89,990

New
36d
Sale Of Business

1487 Dundas Street, London East

Total Monthly Obligation $738

Beds
0
Baths
0
Park
0
DOM
36d
Property Type-Sale Of Business
MLS® Number-X13801374
Beds-0
Lot Size-50.12 × 146.22 ft
Listed on site-Sep 17, 2026
Building Type-Sale Of Business
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-SHRINE REALTY BROKERAGE LTD.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-East N
Title-Commercial

No agent assigned

Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible East London location along the high-traffic Dundas Street commercial corridor. Currently set up as an established Latin restaurant, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch.The main floor premises feature seating for 32+ guests with a dedicated bar table setup, plus additional basement layout capacity (5 tables / 10 chairs), multiple washrooms, and a concrete patio for outdoor dining. The business includes a professionally equipped commercial kitchen complete with a gas stove, flat grill, commercial fryer, walk-in freezer, 4 additional freezers, extensive prep area, and a newly installed commercial kitchen hood system. All major equipment, chattels, and fixtures required to operate will remain with the business, allowing for a seamless transition.As a unique added value, the second level features a full self-contained residential/office setup complete with 2 full rooms, a dedicated kitchen, washroom, and laundry plumbing-perfect for owner-occupancy, staff accommodation, or conversion to commercial administrative space.Located in a high-density area with strong vehicle traffic, excellent street frontage visibility, and ample on-site customer parking, the location is surrounded by complementary retail and local businesses. Whether continuing as a Latin dining destination or introducing a completely new culinary brand, the existing leasehold improvements, commercial kitchen infrastructure, hood system, refrigeration, and fully furnished dining areas are already in place, allowing the next owner to focus on launching and growing their business rather than undertaking a costly build-out.

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Closing Costs

Mortgage Amount
$71,992
Land Transfer Taxes$625
Legal Fees (Est.)
$
Total cash required for closing$20,123

Total Monthly Obligation

$738/mo
Mortgage $363
Monthly Loss $642
Principal$96
Interest$267
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

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