3250 Midland Avenue, Toronto (Milliken) - Business for Sale
3250 Midland Avenue, Toronto (Milliken), Ontario, M1V0C7
This business in Toronto is for sale offering roughly 3,138 sq ft of space.
Description
Rare Opportunity! Well-established restaurant located in the highly sought-after SkyCity Shopping Centre, one of the busiest commercial plazas in the area. Approx. 3,138 sq.ft. prominent corner unit with excellent visibility, strong signage exposure, and consistent customer traffic.Features a luxurious interior, 108-seat LLBO license, two private dining rooms, and a fully equipped professional kitchen with extra-long commercial exhaust hoods, walk-in cooler, and walk-in freezer. Functional layout suitable for a wide variety of restaurant concepts.Ample plaza parking and convenient access for customers. Currently operating a profitable business with strong sales. Buyers may continue the existing operation or convert the space to another cuisine or concept. Excellent opportunity for owner-operators or restaurant groups looking to expand in a thriving commercial hub. (id:66096)
Property Details
- MLS®
- E13216810
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Interior Size
- 3,138 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 159 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 159 days on market, against an average age of 110 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 (Milliken) 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 (M1V)
This home lists at $428,000, about 5.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $83,603 (20% down, 25-yr amortization, stress-tested) — roughly 2% above the area median.
- Median household income
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
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$428,000
Toronto