haho.ca
$99,000
For sale

329 Evans Avenue, Toronto (Mimico) - Business for Sale

329 Evans Avenue, Toronto (Mimico), Ontario, M8Z1K2

2 baths2,544 ft²Listed 13 days ago
Overview

This business in Toronto is for sale offering roughly 2,544 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 57 days.

Description

RISE TO THE TOP!! Establish and fully equipped production Bakery perfectly situated just off the QEW! This is the perfect place to grow your business featuring truck-level delivery door, massive rotating oven, large walk-in fridge and walk-in freezer, dough mixer, sheeter and many other specialty baking tools and equipment. Tons of parking. Front area is currently office/admin but could be converted to a small retail area as well. Just over 2,500 sq ft with total monthly rent just under $5k and current lease expires in 2029 with 1x 5yr renewal. (id:66096)

Property Details

MLS®
W14107622
Property Type
Business
Business Type
Food Services and Beverage
Zoning
Commercial
Bathrooms
2
Interior Size
2,544 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
13 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
13d
Toronto (Mimico) listings, avg age
57d
Price / ft²
$39
List price
$99K

Active: 13 days on market, against an average age of 57 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.

Haho

This business in Toronto (Mimico) has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.

Listed by RE/MAX ULTIMATE REALTY INC. · CHRISTIAN ARMANDO PETRONIO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $99,000, about 0.9× the local median household income of $111,000.

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
$111,000
Population
19,312
Median age
40.4
Owner / renter
80% / 20%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$99,000· $39/ft²
For sale

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Financing

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$99,000

Toronto

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