1768 St Clair Avenue West, Toronto (Weston-Pellam Park) - Business for Sale
1768 St Clair Avenue West, Toronto (Weston-Pellam Park), Ontario, M6N1J3
This business in Toronto is for sale offering roughly 1,000 sq ft of space.
Description
A Great Opportunity To Own A Well-Established Vietnamese Restaurant With A Loyal Customer BaseIn A High-Exposure Location. Surrounded By Major New Condominium Developments, Big-Box Retailers, And A Dense, Multicultural Residential And Commercial Community, This Turnkey Business Offers Strong Income Potential And Significant Room For Growth. The 45-Seat Restaurant Features A Fully Equipped Commercial Kitchen With A Walk-In Fridge, A Walk-In Cooler, And Private Rear Laneway Access. No Use Restrictions, Make It Ideal For RebrandingInto Any Cuisine, Concept, Or Franchise. With An Efficient Layout And Proven Menu, It'sPerfectly Suited For Owner-Operators Or Family-Run Ventures. A Brand New Lease Can Be Arranged With The Landlord, Or Buyers May Choose To Purchase The Building For $1,388, 000 And Enjoy A Rare Live/Work Setup That Includes A Spacious Two-Bedroom Apartment Above, A Large PrivateDeck, And Two Outdoor Surface Parking Spaces. This Is A Rare Chance To Be Your Own Boss, Run AThriving Restaurant, And Live On-Site In One Of Toronto's Most Dynamic And Rapidly Growing Neighbourhoods. (id:66096)
Property Details
- MLS®
- W13440374
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR3(c1;r2.5*1584)
- Interior Size
- 1,000 ft²
- Lot Size
- 16 × 103 ft (1,640 sq ft)
- Frontage
- 15 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $10,696.23/yr
- Listed
- 146 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 146 days on market, against an average age of 56 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 (Weston-Pellam Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6N)
This home lists at $110,000, about 1.5× the local median household income of $75,500.
Carrying it typically needs a household income of about $21,487 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $75,500
- Population
- 40,252
- Median age
- 40.8
- Owner / renter
- 58% / 42%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M6N)
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$110,000
Toronto