haho.ca
$400,000
For sale

158 Fallingbrook Road, Toronto (Birchcliffe-Cliffside) - Business for Sale

158 Fallingbrook Road, Toronto (Birchcliffe-Cliffside), Ontario, M1N1N3

1 bathListed 44 days ago
Overview

This business in Toronto is for sale. It has been on the market 44 days, fresher than the Toronto average of 47 days.

Description

Tony & Claudia's On Fallingbrook Is A Long-Standing Brand, Food Marketplace, Deli & Café Offering Homemade Italian Cuisine, With Pre-Made Meals, Fresh Meals, Catering Service As Well!! A Strong Reputation Built Over 18+ Years In The Upper Beaches Community!! Turn Key Operation With High Gross Sales!! The Business Has A Loyal & Strong Customer Base And A Well-Established Presence!! Retail Corner Location, 1,450 Sq Ft Main-Floor Layout Is Complemented With Counters, Inventory, Shelving Racks, High End Kitchen Equipment, 873 Sq Ft Basement Featuring A Large Walk-In Refrigerator, Multiple Stand-Up Refrigerators And Freezers, Office Space, And Storage Space, Outside Patio Area With Seating 586 Sq Ft. (Roughly $130,000 in Restaurant Equipment, Roughly $70,000 in Inventory Included). A Fantastic Opportunity To Acquire A Strong Well-Established And Respected Local Business With A Proven Track Record!! (Seller Financing Maybe Available) Lots Of Staff & Customer Parking At Back Of Building, Green P, Close Walking Distance To Blantyre Park, Blantyre Public School, Courcelette Public School, Neil McNeil High School, Malvern High School, Notre Dame High School, Toronto Hunt Club, Lots Of Adults & Kids For Lunch Time Meals!! Please Do Not Go Direct Or Speak With Staff. (id:66096)

Property Details

MLS®
E13809502
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Business Commercial
Bathrooms
1
Heating
Forced air
Cooling
Fully air conditioned
Listed
44 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
44d
Toronto (Birchcliffe-Cliffside) listings, avg age
47d
List price
$400K

Extended: 44 days on market, against an average age of 47 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 (Birchcliffe-Cliffside) has been listed for 44 days, which is 3 days fresher than the city average of 47. 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 (M1N)

This home lists at $400,000, about 4.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$90,000
Population
22,976
Median age
44.8
Owner / renter
65% / 35%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA M1N)

$400,000
For sale

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Financing

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$400,000

Toronto

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