263 King Street, Toronto (Moss Park) - Business for Sale
263 King Street, Toronto (Moss Park), Ontario, M5A0E9
This business in Toronto is for sale offering roughly 700 sq ft of space.
Description
Client RemarksLocation! Location! Location! Profitable food service business for sale in a prime Downtown Toronto corridor at King Street East & Shelbourne Street. Approximately 700 sq. ft., this street-level space offers strong visibility, large storefront windows, and continuous exposure to high volumes of pedestrian and vehicle traffic. The location is surrounded by a dense mix of office buildings, residential towers, hotels, and a nearby post-secondary institution, creating reliable customer demand throughout the day and evening. This makes the business well suited for both investors and hands-on owner-operators seeking stable cash flow. The operation is fully equipped with a 6-foot commercial hood, fryer, flat-top, and grill, allowing for immediate operation with minimal additional investment. Favorable lease terms are in place, and the seller is open to providing training for a smooth transition. Generate income from the existing menu setup or rebrand and introduce your own concept. The layout and zoning also support extended hours, offering upside potential through late-night service and increased foot traffic. An excellent opportunity for buyers looking to acquire a turnkey, revenue-generating business in a high-demand downtown location. (id:66096)
Property Details
- MLS®
- C13206450
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Restaurant
- Interior Size
- 700 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 162 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 162 days on market, against an average age of 62 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5A)
This home lists at $75,000, about 1.1× the local median household income of $71,000.
Carrying it typically needs a household income of about $14,650 (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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$75,000
Toronto