1154 Queen Street West, Toronto (Little Portugal) - Business for Sale
1154 Queen Street West, Toronto (Little Portugal), Ontario, M6J1J5
This business in Toronto is for sale offering roughly 1,299 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 71 days.
Description
Rare opportunity to acquire a thriving turnkey restaurant/bar in one of the city's most desirable, high-traffic hip neighborhoods. This beloved hotspot is already profitable with a loyal following, strong liquor sales, and sellar reviews. The business boasts a HUGE, licenced patio one of the largest in the area and is a cash cow 12 months of year. (id:66096)
Property Details
- MLS®
- C13785170
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 3
- Parking
- 4
- Interior Size
- 1,299 ft²
- Frontage
- 19 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $25,223/yr
- Listed
- 52 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 52 days on market, against an average age of 71 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 (Little Portugal) has been listed for 52 days, which is 19 days fresher than the city average of 71. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6J)
This home lists at $459,000, about 5.1× the local median household income of $90,000.
Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $90,000
- Population
- 32,111
- Median age
- 36.8
- Owner / renter
- 49% / 51%
- Avg. household size
- 2
Source: Statistics Canada, 2021 Census (FSA M6J)
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$459,000
Toronto