3495 Lawrence Avenue East, Toronto (Woburn) - Business for Sale
3495 Lawrence Avenue East, Toronto (Woburn), Ontario, M1H1B3
This business in Toronto is for sale offering roughly 1,000 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 62 days.
Description
A rare opportunity to acquire a well-established jewellery and watch business in Scarborough, a major community shopping destination at Lawrence Avenue East and Markham Road. Operating since 1995, this business benefits from over 30 years of history and an established local customer base. Set in a vibrant, multicultural community, the Mall serves a diverse mix of families, professionals and younger shoppers. Its convenient location, established retail mix and everyday shopping appeal create an attractive setting for jewellery, watches and gift retail. Approximately 1,000 sq. ft. of retail space with existing fixtures and chattels included. Enjoy consistent monthly sales, affordable rent and flexible lease terms, with hands-on training available for a smooth transition. Ideal for an owner-operator or retailer seeking an established business with room to bring in fresh styles, modern branding and new retail ideas.A great opportunity to build on a long-standing business and make it your own. Don't Miss it. (id:66096)
Property Details
- MLS®
- E14119544
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 1,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 8 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 8 days on market, against an average age of 62 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 (Woburn) has been listed for 8 days, which is 54 days fresher than the city average of 62. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1H)
This home lists at $189,000, about 2.4× the local median household income of $80,000.
Carrying it typically needs a household income of about $36,918 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $80,000
- Population
- 23,964
- Median age
- 38.4
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1H)
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$189,000
Toronto