1001 Queen Street East, Toronto (South Riverdale) - Business for Sale
1001 Queen Street East, Toronto (South Riverdale), Ontario, M4M1K2
This business in Toronto is for sale offering roughly 1,942 sq ft of space.
Description
Turnkey restaurant opportunity in the heart of Leslieville at 1001 Queen St E. Fully equipped commercial kitchen featuring professional-grade exhaust hood and fire suppression system, multiple fryers, commercial charbroiler/grill, flat-top cooking equipment, stainless steel prep and refrigeration stations, commercial sinks, shelving, walk-in/refrigeration equipment and extensive stainless steel finishes throughout. Modern, clean and well-maintained space designed for efficient restaurant operations. Excellent opportunity for an operator looking to save significant time and capital on construction and kitchen build-out. High-exposure Queen St E location surrounded by established residential and commercial uses, with strong pedestrian and vehicle traffic. Ideal for a variety of food concepts. Truly a turnkey restaurant space-bring your concept and start operating with minimal setup. (id:66096)
Property Details
- MLS®
- E13763488
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR 2.5 (c1.0; r2.0) SS2 (x2224)
- Interior Size
- 1,942 ft²
- Lot Size
- 72 × 100 ft (7,200 sq ft)
- Frontage
- 72 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 57 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 57 days on market, against an average age of 48 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 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (South Riverdale) 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 (M4M)
This home lists at $150,000, about 1.5× the local median household income of $99,000.
Carrying it typically needs a household income of about $29,300 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $99,000
- Population
- 25,052
- Median age
- 38.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4M)
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$150,000
Toronto