134 Millwick Drive, Toronto (Humber Summit) - Business for Sale
134 Millwick Drive, Toronto (Humber Summit), Ontario, M9L1Y6
This business in Toronto is for sale. It has been on the market 22 days, fresher than the Toronto average of 96 days.
Description
**TURNKEY SHISHA LOUNGE OPPORTUNITY IN NORTH YORK!** Beautifully set up and spacious 2,500+ sq. ft. two-level establishment, thoughtfully designed with a cozy and inviting atmosphere-perfect for parties, private gatherings and social events. Liquor licence already in place. Fully equipped commercial kitchen and ample parking available for customers. Flexible opportunity with potential for change of use, subject to applicable approvals and landlord consent. Lease term of 3 + 5 years, with monthly rent approximately $9,800 + HST. Landlord is willing to install an elevator at their expense. Excellent opportunity for an entrepreneur looking for a well-established, beautifully built space in North York. Don't miss this opportunity! (id:66096)
Property Details
- MLS®
- W14030572
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 22 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 22 days on market, against an average age of 96 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 (Humber Summit) has been listed for 22 days, which is 74 days fresher than the city average of 96. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9L)
This home lists at $149,999, about 1.9× the local median household income of $81,000.
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
- $81,000
- Population
- 11,737
- Median age
- 41.6
- Owner / renter
- 75% / 25%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA M9L)
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$149,999
Toronto