201 Dundas Street East, Toronto (Moss Park) - Business for Sale
201 Dundas Street East, Toronto (Moss Park), Ontario, M5A1Z4
This business in Toronto is for sale. It has been on the market 36 days, fresher than the Toronto average of 61 days.
Description
Excellent opportunity to own a profitable, established vape store in the heart of Downtown Toronto. Situated in a densely populated residential neighbourhood with strong pedestrian traffic, this business has been successfully operating for nearly 2 years and enjoys a loyal customer base. Spacious premises of over 1,000 sq. ft. with an attractive lease at only $4,400/month plus applicable charges. Current lease includes approximately 1 year remaining with a 3-year renewal option, offering long-term stability. Consistent average monthly sales of approximately $22,000 with healthy profit margins. The current owners are flexible with the closing date and are willing to provide training to ensure a smooth transition for the new owner. A turnkey business with excellent growth potential in a prime downtown location. Do not miss this fantastic investment opportunity! (id:66096)
Property Details
- MLS®
- C13852180
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Bathrooms
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 36 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 36 days on market, against an average age of 61 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 (Moss Park) has been listed for 36 days, which is 25 days fresher than the city average of 61. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5A)
This home lists at $33,000, about 0.5× the local median household income of $71,000.
Carrying it typically needs a household income of about $6,446 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $71,000
- Population
- 48,978
- Median age
- 36.4
- Owner / renter
- 35% / 65%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5A)
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$33,000
Toronto