#26 1901 Harwood Avenue North, Ajax (Northeast Ajax) - Business for Sale
#26 1901 Harwood Avenue North, Ajax (Northeast Ajax), Ontario, L1T0K8
This business in Ajax is for sale offering roughly 968 sq ft of space.
Description
Exceptional opportunity to acquire a well-established Warraich Meats franchise butcher shop with an integrated Indian take-out restaurant, ideally positioned at 1901 Harwood Ave, Ajax, one of the area's highly sought-after and high-demand retail destinations. Strategically located at the entrance of the plaza, this prominent unit benefits from excellent visibility, convenient access and strong exposure to both vehicular and pedestrian traffic. The premises feature a fully equipped butcher shop and commercial kitchen, offering an outstanding turnkey opportunity for an operator looking to step into an established business or capitalize on the existing infrastructure. The purchaser can continue operating under the established Warraich Meats franchise brand or take advantage of the flexibility to introduce their own independent food, butcher, grocery or restaurant concept, subject to applicable approvals and lease terms. Favourable lease structure with gross rent of $6,000/month + HST, along with a new 5-year lease plus 5-year renewal option, providing stability and long-term operating potential. The prime positioning, established retail environment, fully equipped facility and flexible business concept make this an attractive opportunity for owner-operators, experienced restaurateurs, franchisees and investors seeking a strategically located food-service and retail business in Ajax. A rare opportunity to secure a prominent retail food-service location with an established operation, flexible concept potential and a strong long-term lease structure. (id:66096)
Property Details
- MLS®
- E13660910
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 968 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Listed
- 85 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 85 days on market, against an average age of 52 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.
This business in Ajax (Northeast Ajax) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1T)
This home lists at $299,000, about 2.3× the local median household income of $130,000.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $130,000
- Population
- 52,632
- Median age
- 37.6
- Owner / renter
- 88% / 12%
- Avg. household size
- 3.5
Source: Statistics Canada, 2021 Census (FSA L1T)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$299,000
Ajax