327 Lonsdale Road, Toronto (Forest Hill South) - Business for Sale
327 Lonsdale Road, Toronto (Forest Hill South), Ontario, M4V1X3
This business in Toronto is for sale offering roughly 220 sq ft of space.
Description
Amazing Turn-Key Opportunity. Owner Selling For Retirement! Located In The Famous Forest Hill South Community, This Highly Visible Location Offers Massive Growth Potential. Current Senior Owner Operates With Short Hours, Frequent Vacations, And Absolutely No Online Delivery Platforms (No UberEats/SkipTheDishes). This Leaves Massive Room For A New Owner To Instantly Boost Sales By Extending Hours, Opening 7 Days, And Introducing Modern Delivery Services. Perfect For An Energetic Owner-Operator Ready To Unlock The True Income Potential Of This Prime Location! Currently Open 6 days 11a.m.~8 p.m. (id:66096)
Property Details
- MLS®
- C13432592
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 220 ft²
- Heating
- No heat
- Cooling
- Fully air conditioned
- Listed
- 146 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 146 days on market, against an average age of 58 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 (Forest Hill South) 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 (M4V)
This home lists at $99,000, about 1.0× the local median household income of $99,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $99,000
- Population
- 19,273
- Median age
- 45.2
- Owner / renter
- 44% / 56%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M4V)
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$99,000
Toronto