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$40,000
For sale

376 Eglinton Avenue West, Toronto (Lawrence Park South) - Business for Sale

376 Eglinton Avenue West, Toronto (Lawrence Park South), Ontario, M5N1A2

2 baths900 ft²Listed 19 days ago
Overview

This business in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 19 days, fresher than the Toronto average of 41 days.

Description

Exceptional opportunity to acquire a well-established sushi restaurant in the heart of Forest Hill! Located at 376 Eglinton Ave W, this successful business benefits from a high-visibility location on one of Toronto's busiest retail corridors. The restaurant enjoys a loyal customer base, strong takeout and delivery business, and excellent exposure with steady pedestrian and vehicle traffic. The premises are fully fixtured with a professionally equipped commercial kitchen, offering a true turnkey opportunity for an owner-operator or investor. Continue operating under the existing concept or introduce your own cuisine, subject to landlord approval. Convenient customer parking nearby and excellent access to public transit. Brand new LRT station just minutes walk away.Extras: (id:66096)

Property Details

MLS®
C14090874
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
2
Interior Size
900 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
19 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
19d
Toronto (Lawrence Park South) listings, avg age
41d
Price / ft²
$44
List price
$40K

Active: 19 days on market, against an average age of 41 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 (Lawrence Park South) has been listed for 19 days, which is 22 days fresher than the city average of 41. Act while there is still low competition.

Listed by Avenue Group Realty Inc. · CLAYTON LEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5N)

This home lists at $40,000, about 0.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$110,000
Population
16,154
Median age
41.6
Owner / renter
49% / 51%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA M5N)

$40,000· $44/ft²
For sale

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Financing

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$40,000

Toronto

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