2977 Lake Shore Boulevard, Toronto (New Toronto) - Business for Sale
2977 Lake Shore Boulevard, Toronto (New Toronto), Ontario, M8V1J8
Description
Excellent location for passionate new owners. Could be offered as a franchise with zero franchise fee, otherwise you could turn it into your own dream restaurant. Previous restaurant owner used basement for entertaining small parties (fully renovated basement to accommodate such small events or alternatively a complimentary business - such as a game room, etc) (id:66096)
Property Details
- MLS®
- W13094014
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $9,100/yr
- Listed
- 182 days ago
Features
- Appliances
- Oven, Freezer, Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 182 days on market, against an average age of 78 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 (New Toronto) 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 (M8V)
This home lists at $145,000, about 1.8× the local median household income of $79,000.
Carrying it typically needs a household income of about $28,324 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $79,000
- Population
- 44,144
- Median age
- 40
- Owner / renter
- 49% / 51%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M8V)
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$145,000
Toronto