haho.ca
$359,000
For sale

2001 Yonge Street, Toronto (Mount Pleasant West) - Business for Sale

2001 Yonge Street, Toronto (Mount Pleasant West), Ontario, M4S1Z8

1 parking950 ft²Listed 34 days ago
Overview

This business in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 34 days, fresher than the Toronto average of 46 days.

Description

Prime Midtown Location! Well-established and reputable neighbourhood grocery/mini supermarket located on Yonge Street in the Yonge-Eglinton area, surrounded by a vibrant mix of retail and services and a strong residential and walk-in customer base. 950 SF retail space + approximately 800 SF basement bonus, with Flora Nursery House at the rear of the store. Includes liquor licence and lottery. Well equipped with 7 large freezers, 3 small freezers, 2 walk-in coolers, and more. Annual sales approx. $850K, affordable rent, over 3 + 5 years remaining on the lease, rear loading area and 1 parking space. Seller provides hands-on training. Great opportunity with an established customer base and strong potential to increase revenue and expand the business. (id:66096)

Property Details

MLS®
C13852914
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Commercial
Parking
1
Interior Size
950 ft²
Lot Size
18 × 100 ft (1,792 sq ft)
Frontage
17 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$1,858.24/yr
Listed
34 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
34d
Toronto (Mount Pleasant West) listings, avg age
46d
Price / ft²
$378
List price
$359K

Extended: 34 days on market, against an average age of 46 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 (Mount Pleasant West) has been listed for 34 days, which is 12 days fresher than the city average of 46. Act while there is still low competition.

Listed by SMART SOLD REALTY · JULIET QIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4S)

This home lists at $359,000, about 4.1× the local median household income of $88,000.

Carrying it typically needs a household income of about $70,125 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$88,000
Population
30,754
Median age
38
Owner / renter
39% / 61%
Avg. household size
1.9

Source: Statistics Canada, 2021 Census (FSA M4S)

$359,000· $378/ft²
For sale

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Financing

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$359,000

Toronto

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