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$125,000
$138,000For salePrice drop↓ $13,000 (9%)

239 Broadview Avenue, Toronto (South Riverdale) - Business for Sale

239 Broadview Avenue, Toronto (South Riverdale), Ontario, M4M2G6

2,000 ft²Listed 47 days ago
Overview

This business in Toronto is for sale offering roughly 2,000 sq ft of space.

Description

Fully renovated restaurant located at the highly visible corner of Gerrard St E and Dundas St E, offering excellent exposure and steady pedestrian and vehicle traffic throughout the day. Currently operating as a ghost kitchen with multiple brands, the space features a well-planned, efficient commercial kitchen setup and can easily adapt to a variety of food concepts, including dine-in, takeout, delivery, or multiple-brand operations. Suitable for dine-in, takeout, delivery, or ghost kitchen. Flexible for different cuisines and business concepts. Net rent $3,100/month + approx. $850 TMI + HST. Approximately 7 years remaining on lease Renewal option available (id:66096)

Property Details

MLS®
E13803966
Property Type
Business
Business Type
Restaurant
Zoning
RESTAURANT
Interior Size
2,000 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
47 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
47d
Toronto (South Riverdale) listings, avg age
46d
Price / ft²
$63
List price
$125K

Long Listed: 47 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 (South Riverdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX EXCEL REALTY LTD. · ANDREW LIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $125,000, about 1.3× the local median household income of $99,000.

Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$99,000
Population
25,052
Median age
38.8
Owner / renter
56% / 44%
Avg. household size
2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$125,000· $63/ft²
For sale

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Financing

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$125,000

Toronto

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