haho.ca
$350,000
For sale

#11-12 85 Kingston Road East, Ajax (Central) - Business for Sale

#11-12 85 Kingston Road East, Ajax (Central), Ontario, L1S7J4

2,289 ft²Listed 47 days ago
Overview

This business in Ajax is for sale offering roughly 2,289 sq ft of space. It has been on the market 47 days, fresher than the Ajax average of 51 days.

Description

HALIBUT HOUSE FISH & CHIPS in Ajax, ON is For Sale. Located at 85 Kingston Rd E, Unit 11-12 in a busy, high-traffic commercial area with excellent visibility and exposure. Surrounded by residential neighbourhoods, schools, offices, banks, retail stores, major amenities and much more. Monthly Sales: Approx. $70,000-$85,000. Rent: $7,759.71/month including TMI & HST, Net Rent: $21/Sq. Ft., Lease Term: 5 years, from September 2024 to September 2029, Store Area: 2,289 Sq. Ft., Seating: 78, Operating Since: January 2015. Excellent established restaurant business with strong sales and great potential to grow even further. (id:66096)

Property Details

MLS®
E13804556
Property Type
Business
Business Type
Restaurant
Zoning
UC
Interior Size
2,289 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
47 days ago

Market Timing

Days on market
47d
Ajax (Central) listings, avg age
51d
Price / ft²
$153
List price
$350K

Long Listed: 47 days on market, against an average age of 51 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Ajax (Central) has been listed for 47 days, which is 4 days fresher than the city average of 51. Act while there is still low competition.

Listed by HOMELIFE/MIRACLE REALTY LTD · DEV SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1S)

This home lists at $350,000, about 3.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$100,000
Population
42,045
Median age
42
Owner / renter
75% / 25%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA L1S)

$350,000· $153/ft²
For sale

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Financing

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$350,000

Ajax

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