haho.ca
$199,000
For sale

185 Dundas Street West, Toronto (Bay Street Corridor) - Business for Sale

185 Dundas Street West, Toronto (Bay Street Corridor), Ontario, M5G1C7

1,251 ft²Listed 71 days ago
Overview

This business in Toronto is for sale offering roughly 1,251 sq ft of space.

Description

Location! Location! Location! Well-Established Chinese Restaurant For Sale In Prime Downtown Toronto! Steps To Dundas/University Subway Station And Eaton Centre With Heavy Pedestrian & Food Traffic. Surrounded By Dense Residential, Office & Commercial Developments, Providing A Steady Customer Base. Fully Equipped Open Kitchen, Turn-Key Operation. Second Floor Features Ample Storage Plus Walk-In Cooler & Freezer. Great Opportunity For An Experienced Operator Or New Entrepreneur. Easily Convertible To Different Types Of Cuisine. Don't Miss This Excellent Downtown Opportunity! (id:66096)

Property Details

MLS®
C13710500
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
1,251 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$22,244.27/yr
Listed
71 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
71d
Toronto (Bay Street Corridor) listings, avg age
60d
Price / ft²
$159
List price
$199K

Long Listed: 71 days on market, against an average age of 60 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 (Bay Street Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by BAY STREET GROUP INC. · DANIEL DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5G)

This home lists at $199,000, about 2.9× the local median household income of $67,500.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$67,500
Population
9,751
Median age
30.8
Owner / renter
30% / 70%
Avg. household size
1.7

Source: Statistics Canada, 2021 Census (FSA M5G)

$199,000· $159/ft²
For sale

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Financing

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$199,000

Toronto

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