1263 Queen Street West, Toronto (South Parkdale) - Business for Sale
1263 Queen Street West, Toronto (South Parkdale), Ontario, M6K1L5
This business in Toronto is for sale offering roughly 1,000 sq ft of space. It has been on the market 3 days, fresher than the Toronto average of 63 days.
Description
Thriving Restaurant Turnkey Opportunity With Proven Growth Available On The Best Strip Of Queen In Parkdale. Very Attractive Rent of $5537 and a recently renewed lease until December 2031 providing long-term security for new owner. A fully enclosed patio, adding approximately 60additional seats and significantly increasing revenue potential. Transferable liquor license. (id:66096)
Property Details
- MLS®
- W14143040
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,000 ft²
- Lot Size
- 18 × 117 ft (2,116 sq ft)
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 3 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 3 days on market, against an average age of 63 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 Parkdale) has been listed for 3 days, which is 60 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6K)
This home lists at $189,900, about 2.6× the local median household income of $72,000.
Carrying it typically needs a household income of about $37,094 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $72,000
- Population
- 42,110
- Median age
- 35.6
- Owner / renter
- 31% / 69%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M6K)
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$189,900
Toronto