3431 LAKESHORE Boulevard West, Toronto (New Toronto) - Business for Sale
3431 LAKESHORE Boulevard West, Toronto (New Toronto), Ontario, M8W1N2
This business in Toronto is for sale. It has been on the market 44 days, fresher than the Toronto average of 78 days.
Description
FULLY EQUIPPED * BAKERY / RETAIL OUTLET WELL KNOWN IN COMMUNITY 1,200 SQ. FT. PLUS BASEMENT NEW 5 YEAR LEASE W/ OPTIONS TO RENEW ONLY $3,600.00 / MONTH INCLUSIVE OF TMI ESTABLISHED BUSINESS WITH A LONG OPERATING HISTORY STRONG LOCAL BRAND RECOGNITION IN THE LAKESHORE COMMUNITY KNOWN FOR HIGH-QUALITY CUSTOM CAKES AND DESSERTS TURNKEY OPPORTUNITY WITH PROVEN REPUTATION AND GROWTH POTENTIAL PRIME LAKE SHORE BOULEVARD WEST LOCATION WITH STRONG VISIBILITY (id:66096)
Property Details
- MLS®
- W13809846
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- COMM
- Lot Size
- 25 × 115 ft (2,875 sq ft)
- Frontage
- 25 ft
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Listed
- 44 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 44 days on market, against an average age of 78 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 (New Toronto) has been listed for 44 days, which is 34 days fresher than the city average of 78. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M8W)
This home lists at $199,000, about 2.1× the local median household income of $95,000.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $95,000
- Population
- 22,381
- Median age
- 41.6
- Owner / renter
- 65% / 36%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA M8W)
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$199,000
Toronto