361 Broadview Avenue, Toronto (South Riverdale) - Business for Sale
361 Broadview Avenue, Toronto (South Riverdale), Ontario, M4M2H1
This business in Toronto is for sale offering roughly 1,722 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 46 days.
Description
Opportunity To Own A Well-Established A&W Franchise At 361 Broadview Avenue In Toronto's Little Chinatown. Prominent Corner Location At A Busy Intersection With Excellent Visibility And Steady Local And Commuter Foot Traffic. Approximately 1,722 Sq. Ft. Plus A Full Basement. Strong Brand Recognition And Proven Sales History With Potential For Growth. With Approximately 11.5 Years Remaining On The Lease. Financing Available For Qualified Buyers. Confidentiality Agreement Required For Financial Information. Please Do Not Go Direct Or Speak To Staff. Your discretion is appreciated. (id:66096)
Property Details
- MLS®
- E13874338
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,722 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 28 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 28 days on market, against an average age of 46 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 (South Riverdale) has been listed for 28 days, which is 18 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4M)
This home lists at $499,000, about 5.0× the local median household income of $99,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $99,000
- Population
- 25,052
- Median age
- 38.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4M)
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$499,000
Toronto