haho.ca
$79,000
For saleJust listed

143 Main Street, Toronto (East End-Danforth) - Business for Sale

143 Main Street, Toronto (East End-Danforth), Ontario, M4E2V8

2 bathsListed 2 days ago
Overview

This business in Toronto is for sale. It has been on the market 2 days, fresher than the Toronto average of 55 days.

Description

Excellent Opportunity to Establish Your Own Bakery or Food Business!! Located at 143 Main Street in Toronto, great opportunity to acquire existing bakery equipment and take over the current lease of a fully equipped bakery space!! The existing setup provides the opportunity to continue with a bakery concept or introduce a new food-related business, subject to landlord approvals. Ideal for retail bakery operations, specialty food production, wholesale baking, or a combination of concepts. Please note: The operating business, business name, branding, goodwill, receipts, and customer base are NOT included in the sale. The offering is strictly for the equipment and lease, subject to landlord approval and lease terms. A great opportunity to step into an established bakery space without starting from scratch!! Attractive Lease Rate Of $3,050 A Month + HST, Tenant Pays Hydro, Water & Garbage Removal. (id:66096)

Property Details

MLS®
E14139506
Property Type
Business
Business Type
Food Services and Beverage
Zoning
CR2(c0.5;r2*1576)
Bathrooms
2
Frontage
43 ft
Heating
Forced air
Cooling
Fully air conditioned
Listed
2 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
2d
Toronto (East End-Danforth) listings, avg age
55d
List price
$79K

Just listed: 2 days on market, against an average age of 55 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 (East End-Danforth) has been listed for 2 days, which is 53 days fresher than the city average of 55. Act while there is still low competition.

Listed by RE/MAX HALLMARK REALTY LTD. · NICK JAMES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $79,000, about 0.7× the local median household income of $112,000.

Carrying it typically needs a household income of about $15,431 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$112,000
Population
25,473
Median age
42.8
Owner / renter
64% / 36%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$79,000
For sale

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Financing

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$79,000

Toronto

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