3081 Kingston Road, Toronto (Cliffcrest) - Business for Sale
3081 Kingston Road, Toronto (Cliffcrest), Ontario, M1M1P1
This business in Toronto is for sale offering roughly 1,787 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 59 days.
Description
This thriving location offers a fantastic opportunity to own a turnkey bar and grill restaurant. It boasts a loyal customer base, a strong local reputation, and excellent growth potential. The restaurant seats approximately 92 seats and LLBO licensed. It also features a Malagutti pizza oven, offering a unique menu that combines grill and classic pizza favourites. Italian-inspired flavours attract a diverse and loyal customer base. A new owner can either continue operating under the current concept or introduce their own menu and branding. (id:66096)
Property Details
- MLS®
- E14100282
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,787 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 15 days ago
Services
- Water
- Municipal water
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Active: 15 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 (Cliffcrest) has been listed for 15 days, which is 44 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 (M1M)
This home lists at $274,000, about 3.1× the local median household income of $87,000.
Carrying it typically needs a household income of about $53,522 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $87,000
- Population
- 23,258
- Median age
- 44.4
- Owner / renter
- 63% / 37%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1M)
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$274,000
Toronto