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$120,000
$149,000For salePrice drop↓ $29,000 (19%)

114 DUNDAS Street West, Toronto (Bay Street Corridor) - Business for Sale

114 DUNDAS Street West, Toronto (Bay Street Corridor), Ontario, M5G1C3

1,543 ft²Listed 28 days ago
Overview

This business in Toronto is for sale offering roughly 1,543 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 60 days.

Description

Rare Opportunity To Acquire An Established Market Café, A Well-Established And Highly Regarded Bakery Café Located In The Heart Of Downtown Toronto At 114 Dundas St. W. This Fully Equipped Turnkey Business Features An Established Brand, Loyal Customer Base, Premium Equipment, Quality Leasehold Improvements, And Proven Operating Systems. Approximately 1,500 Sq. Ft. With Seating For Approximately 30 Guests, A Full Commercial Kitchen, And Exceptional Exposure In One Of Toronto's Busiest Commercial Corridors Near Bay & Dundas, Major Hospitals, Universities, Office Towers, And Toronto Metropolitan University. Also Available Is The Opportunity To Acquire The Entire Brand, Including Its Fully Equipped 4,000 Sq. Ft. Commercial Production Facility And Commissary Kitchen In Markham, Providing A Fully Integrated Retail And Manufacturing Operation With Significant Growth And Expansion Potential. An Excellent Opportunity For Owner-Operators, Hospitality Groups, Food Manufacturers, Or Strategic Investors. Full Training Available For A Smooth Transition. A Complete List Of Chattels And Equipment Will Be Attached. ***Please Do Not Go Direct Or Speak With Staff.*** (id:66096)

Property Details

MLS®
C13874568
Property Type
Business
Business Type
Food Services and Beverage
Zoning
CR
Interior Size
1,543 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
28 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
28d
Toronto (Bay Street Corridor) listings, avg age
60d
Price / ft²
$78
List price
$120K

Extended: 28 days on market, against an average age of 60 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 (Bay Street Corridor) has been listed for 28 days, which is 32 days fresher than the city average of 60. Act while there is still low competition.

Listed by AVION REALTY INC. · DEVEN CHEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $120,000, about 1.8× the local median household income of $67,500.

Carrying it typically needs a household income of about $23,440 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$67,500
Population
9,751
Median age
30.8
Owner / renter
30% / 70%
Avg. household size
1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$120,000· $78/ft²
For sale

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Financing

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$120,000

Toronto

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