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$75,000
$80,000For salePrice drop↓ $5,000 (6%)

160 Springhurst Avenue, Toronto (South Parkdale) - Business for Sale

160 Springhurst Avenue, Toronto (South Parkdale), Ontario, M6K1C2

2 baths1,200 ft²Listed 48 days ago
Overview

This business in Toronto is for sale offering roughly 1,200 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 65 days.

Description

PARKDALE NEIGHBOURHOOD DINER!!! Dating back to 1968 when it operated as HARRY'S, this cool vibe classic Diner could also double as a great dive bar. Small spot with low rent and big liquor license. Ideal for a hands-on owner or a couple of partners.Plenty of parking shared with the adjacent No Frills, both surface and underground. Full open kitchen with diner counter seating + dining room. (id:66096)

Property Details

MLS®
W13801570
Property Type
Business
Business Type
Restaurant
Zoning
CR
Bathrooms
2
Interior Size
1,200 ft²
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Listed
48 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
48d
Toronto (South Parkdale) listings, avg age
65d
Price / ft²
$63
List price
$75K

Long Listed: 48 days on market, against an average age of 65 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 (South Parkdale) has been listed for 48 days, which is 17 days fresher than the city average of 65. Act while there is still low competition.

Listed by RE/MAX ULTIMATE REALTY INC. · CHRISTIAN ARMANDO PETRONIO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $75,000, about 1.0× the local median household income of $72,000.

Carrying it typically needs a household income of about $14,650 (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)

$75,000· $63/ft²
For sale

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Financing

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$75,000

Toronto

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