390 Roncesvalles Avenue, Toronto (High Park-Swansea) - Business for Sale
390 Roncesvalles Avenue, Toronto (High Park-Swansea), Ontario, M6R2M9
This business in Toronto is for sale offering roughly 2,034 sq ft of space. It has been on the market 3 days, fresher than the Toronto average of 55 days.
Description
GREAT OPPORTUNITY TO OWN A RESTAURANT ON POPULAR RONCESVALLES AVENUE! Well-established BBQ restaurant with LLBO license, located in the heart of one of Toronto's most popular dining neighbourhoods, just south of Bloor Street West. This busy location enjoys excellent pedestrian and vehicle traffic, surrounded by residential communities, shops and local businesses. The restaurant is suitable for a variety of cuisines, offering an excellent opportunity for both first-time buyers and experienced restaurant operators looking to bring their own concept. Great potential to grow the business through dine-in, takeout, delivery and catering. FANTASTIC LOCATION TO START OR EXPAND YOUR RESTAURANT BUSINESS IN TORONTO! (id:66096)
Property Details
- MLS®
- W14143818
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 2,034 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 3 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 3 days on market, against an average age of 55 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 (High Park-Swansea) has been listed for 3 days, which is 52 days fresher than the city average of 55. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6R)
This home lists at $99,000, about 1.0× the local median household income of $104,000.
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
- $104,000
- Population
- 19,349
- Median age
- 39.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M6R)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$99,000
Toronto