haho.ca
$549,000
For sale

1116 Eglinton Avenue West, Toronto (Forest Hill North) - Business for Sale

1116 Eglinton Avenue West, Toronto (Forest Hill North), Ontario, M6C2E2

1 bath4,820 ft²Listed 16 days ago
Overview

This business in Toronto is for sale offering roughly 4,820 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 35 days.

Description

Take over the enchanting world of Thobors' Eglinton location (business only), a renowned and established French bakery, patisserie and chocolatier who has been charming Toronto's taste buds for the past 19 years. Thobors prides itself with a delighting faithful clientele based on regulars, serving authentic handcrafted masterpieces freshly made on-site, daily. Nestled on the high-traffic Eglinton Ave. W, this charming patisserie location enjoys a street presence in a loyal community of food lovers. From crispy croissants and authentic artisan bread sandwiches, to their exquisite cakes creations, and a full line of house-made chocolates crafted by an in-house chocolatier, Thobors is known for quality, consistency and irresistible authentic flavour. The bakery blends time-honoured French techniques with modern flair, creating a warm and elegant atmosphere that keeps customers returning. This rare turn-key business takeover is a one of a kind in the bakery industry with the ability to max-out last minute orders during the busiest seasons and store them on site! Take over a fully equipped kitchen, humongous storage space and new equipment including a 200k new upscale cafe-style retail area with 25 seating capacity, new finishes and furniture, all proprietary recipes, branding assets, a well-established client base turnover, full training by the founders, and operational guidance offered in the purchase price. Everything is made possible to recreate, continue and expand with your own special touch or as is ! Perfectly positioned for continued growth and expansion in one of Toronto's most desirable neighborhoods, hop on this exceptional chance to own a piece of the city's vibrant and rooted culinary scene and become part of Toronto family's daily routine and happiness ! Support and training available upon request. Please out of curtesy, do not solicit staff or sellers during business hours. Your discretion is deeply appreciated. (id:66096)

Property Details

MLS®
C14100706
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Residential/ Retail
Bathrooms
1
Interior Size
4,820 ft²
Frontage
24 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$36,459/yr
Listed
16 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
16d
Toronto (Forest Hill North) listings, avg age
35d
Price / ft²
$114
List price
$549K

Active: 16 days on market, against an average age of 35 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.

Haho

This business in Toronto (Forest Hill North) has been listed for 16 days, which is 19 days fresher than the city average of 35. Act while there is still low competition.

Listed by SKYBOUND REALTY · MARIE LAPORTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6C)

This home lists at $549,000, about 6.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income
$91,000
Population
23,997
Median age
40.4
Owner / renter
50% / 50%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA M6C)

$549,000· $114/ft²
For sale

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$549,000

Toronto

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