3280 Midland Avenue, Toronto (Milliken) - Business for Sale
3280 Midland Avenue, Toronto (Milliken), Ontario, M1V4W9
This business in Toronto is for sale offering roughly 1,410 sq ft of space. It has been on the market 78 days, fresher than the Toronto average of 110 days.
Description
Discover an incredible business opportunity in the heart of a prime commercial hub at Finch and Midland! Located in one of the area's most desirable destinations surrounded by popular restaurants, bubble tea shops, bakeries, and entertainment venues, this well-established, 10+ year restaurant is a true turnkey operation.Boasting a spacious layout with about 50 seats, the premises feature an upgraded commercial exhaust hood, a versatile range of professional stoves, ample customer parking, and a convenient back door for seamless shipping and receiving. Fully equipped and ready for immediate operation, this is your chance to step into a thriving, high-traffic location with endless potential. (id:66096)
Property Details
- MLS®
- E13686396
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Restaurant
- Interior Size
- 1,410 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 78 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 78 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) has been listed for 78 days, which is 32 days fresher than the city average of 110. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1V)
This home lists at $169,900, about 2.1× the local median household income of $82,000.
Carrying it typically needs a household income of about $33,187 (20% down, 25-yr amortization, stress-tested) — within reach of 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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$169,900
Toronto