2600 Weston Road, Toronto (Humberlea-Pelmo Park) - Business for Sale
2600 Weston Road, Toronto (Humberlea-Pelmo Park), Ontario, M9N2A9
This business in Toronto is for sale offering roughly 800 sq ft of space. It has been on the market 26 days, fresher than the Toronto average of 59 days.
Description
Amazing opportunity to own a well-established bar BURRITO franchise in the heart of North York. This turnkey business features weekly sales of approximately $8,000-$9,000, generating an estimated $4,000 monthly profit. Attractive lease with 55 years remaining and affordable rent of $5,000/month including TMI. Fully operational with a loyal customer base and strong franchise support. Ideal for owner-operators or investors looking for a profitable business with proven cash flow. Training available for qualified buyers. (id:66096)
Property Details
- MLS®
- W13885204
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 800 ft²
- Building Area
- 800 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 26 days ago
Services
- Water
- Municipal water
- Sewer
- Storm sewer
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 26 days on market, against an average age of 59 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 (Humberlea-Pelmo Park) has been listed for 26 days, which is 33 days fresher than the city average of 59. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9N)
This home lists at $199,000, about 2.9× the local median household income of $69,500.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $69,500
- Population
- 26,059
- Median age
- 39.6
- Owner / renter
- 42% / 58%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M9N)
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$199,000
Toronto