185 The West Mall Avenue, Toronto (Islington-City Centre West) - Business for Sale
185 The West Mall Avenue, Toronto (Islington-City Centre West), Ontario, M9C5L5
This business in Toronto is for sale. It has been on the market 1 day, fresher than the Toronto average of 57 days.
Description
EXCITING OPPORTUNITY * PROFITABLE * EASY TO OPERATE * LOCATED BESIDE GOOD LIFE FITNESS AT THE BASE OF AN 18 STOREY OFFICE BUILDING * 2,300 SQ. FT. FULLY FIXTURED CAFE * ONLY A 5 DAY / WEEK OPERATION * TOTAL RENT - INCLUSIVE OF TMI & UTILITIES ONLY $1,230.00 / MONTH * STRONG SALES * PROFITABLE * PERFECT FOR A HANDS-ON OPERATOR * 4 YEAR LEASE w/ OPTIONS TO RENEW * ROYALTIES OF 6% + 1% (id:66096)
Property Details
- MLS®
- W14143714
- Property Type
- Business
- Zoning
- COMM
- Frontage
- 46 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- Yesterday
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 1 day on market, against an average age of 57 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 (Islington-City Centre West) has been listed for 1 day, which is 56 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9C)
This home lists at $195,000, about 2.1× the local median household income of $95,000.
Carrying it typically needs a household income of about $38,090 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $95,000
- Population
- 38,725
- Median age
- 45.6
- Owner / renter
- 71% / 29%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M9C)
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$195,000
Toronto