33 Simcoe Street
33 Simcoe Street
$6,300/mo
92 days on market
About This Listing
This recently closed Italian restaurant presents an exceptional opportunity for an experienced restaurateur or hospitality group to capitalize on an already established and well-known location with a proven history of strong customer traffic and sales potential. Partially equipped and primed for reopening, the premises offer extensive restaurant infrastructure including a walk-in refrigerator, recently upgraded fire suppression system, commercial dishwasher, and an impressive inventory of small wares and operational equipment designed to support a seamless transition for new operators.The spacious layout accommodates a total licensed seating capacity of 129 guests and includes a private banquet and event facility, creating multiple revenue streams through dining, private functions, corporate events, celebrations, and group bookings. With solid infrastructure already in place and significant opportunity to elevate operations, branding, and marketing, this turnkey commercial lease opportunity is ideally suited for a restaurant group or ambitious operator looking to expand and maximize the location's untapped growth potential.
| Monthly Mortgage (P&I) | $27 |
| Property Tax (est.) | $3 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $31 |
Down payment: $1,260 (20.0%) · Mortgage: $5,040
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by REMAX YOUR COMMUNITY REALTY
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Data last updated: August 15, 2026 at 06:27 a.m.