#101 330 Highway 7 East, Richmond Hill (Doncrest) - Business for Sale
#101 330 Highway 7 East, Richmond Hill (Doncrest), Ontario, L4B3P8
This business in Richmond Hill is for sale offering roughly 1,275 sq ft of space. It has been on the market 30 days, fresher than the Richmond Hill average of 66 days.
Description
Location! Location! Location! Well-Established Bubble Tea Shop For Sale In A High-Traffic Commercial Plaza. Turnkey Operation With Strong Financial Performance And Excellent Growth Potential. Situated In Busy Chalmer Gate Plaza Alongside Major Anchors Including RBC, Medical Offices And Other Established Businesses. Prime Location Surrounded By Numerous Existing Condominium And Residential Developments, Providing Consistent Customer Traffic And A Loyal Client Base. Ample Free Surface Parking Available For Customers.This Profitable Business Is Currently Performing Extremely Well. Fully Equipped And Ready For A New Owner To Take Over And Continue Growing The Business. (id:66096)
Property Details
- MLS®
- N13871132
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 1,275 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3,554.87/yr
- Listed
- 30 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 30 days on market, against an average age of 66 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 35 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 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Richmond Hill (Doncrest) has been listed for 30 days, which is 36 days fresher than the city average of 66. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4B)
This home lists at $149,000, about 1.5× the local median household income of $97,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $97,000
- Population
- 36,080
- Median age
- 45.6
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4B)
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$149,000
Richmond Hill