157 Roncesvalles Avenue, Toronto (Roncesvalles) - Business for Sale
157 Roncesvalles Avenue, Toronto (Roncesvalles), Ontario, M6R2L3
This business in Toronto is for sale offering roughly 3,442 sq ft of space. It has been on the market 42 days, fresher than the Toronto average of 46 days.
Description
CAREFREE FULLY LEASED INVESTMENT OPPORTUNITY - 2,300 SQ. FT. ESTABLISHED RESTAURANT ON THE MAIN FLOOR PLUS FULL - PLUS A FULLY RENOVATED APARTMENT w/ 260 SQ. FT. REAR DECK. 19.5 FT. FRONTAGE ON RONCESVALLES AVENUE WITH 115 FT. DEPTH. NET OPERATING INCOME OF $147,000.00 PER ANNUM. STABLE INCOME * WELL MAINTAINED PROPERTY. * ADJACENT PROPERTY ALSO FOR SALE (id:66096)
Property Details
- MLS®
- W13829488
- Property Type
- Business
- Zoning
- CR
- Interior Size
- 3,442 ft²
- Lot Size
- 20 × 115 ft (2,243 sq ft)
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $25,192/yr
- Listed
- 42 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 46 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 (Roncesvalles) has been listed for 42 days, which is 4 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6R)
This home lists at $3,650,000, about 35.1× the local median household income of $104,000.
Carrying it typically needs a household income of about $712,973 (20% down, 25-yr amortization, stress-tested) — roughly 586% above the area median.
- Median household income
- $104,000
- Population
- 19,349
- Median age
- 39.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M6R)
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$3,650,000
Toronto