haho.ca
$185,000
For sale

2584 Finch Avenue West, Toronto (Humber Summit) - Business for Sale

2584 Finch Avenue West, Toronto (Humber Summit), Ontario, M9M2G3

Listed 98 days ago
Overview

This business in Toronto is for sale.

Description

Be your own boss of a well established and profitable restaurant. Featuring Chinese Hakka menu with loyal customer base and multiple stores across Toronto. Easy turn key operation, training can be provided if needed. Set up for dine-in (25 seats, 3 washrooms), take-out and online delivery. Spacious kitchen with 2 walk-in coolers, 21.5 foot exhaust hood, frying and wok stations and more. Over $200,000 in renovations and equipment. Other cuisines and menus are possible. Located in high traffic Finchdale Plaza anchored by Centra Food Market, Shoppers Drug Mart, Canada Post, TD Bank and surrounded by homes and apartments. Base Rent $32/PSF + TMI (Basic HVAC, CAM, Taxes, HST), includes ample customer parking, snow clearing and garbage disposal. (id:66096)

Property Details

MLS®
W13621976
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
98 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
98d
Toronto (Humber Summit) listings, avg age
96d
List price
$185K

Long Listed: 98 days on market, against an average age of 96 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 (Humber Summit) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE NEW WORLD REALTY INC. · HENRY ZHOU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9M)

This home lists at $185,000, about 2.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $36,137 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$82,000
Population
24,245
Median age
38
Owner / renter
54% / 46%
Avg. household size
3

Source: Statistics Canada, 2021 Census (FSA M9M)

$185,000
For sale

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Financing

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$185,000

Toronto

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