394 Richmond Street West, Toronto (Waterfront Communities) - Business for Sale
394 Richmond Street West, Toronto (Waterfront Communities), Ontario, M5V1X6
This business in Toronto is for sale offering roughly 780 sq ft of space.
Description
This Fantastic Turkey Cafe/Bakery Opportunity Features A Beautifully Renovated And Thoughtfully Design Space With A Warm, Inviting Atmosphere That's Perfect For Welcoming Customers. Fully Equipped With All Essentials Baking Equipment And Tools, The Business Is Ready For Immediate Operation. Ideally Situated In A High-traffic Area With Excellent Visibility And Steady Foot Traffic, It Is Surrounded By Schools, Offices, Retail Shops, Residential Communities And Has A Convenient Access To Public Transit. The Location Benefits, From An Established Customer Base, Including Loyal Regulars And Consistent Walk-in Traffic Along With Large Delivery Service Area. The Unit Also Includes A Washroom And A Generous Stockroom Offering Both Both Functionality And Convenience For Daily Operations. This Offering Includes The Chattels And Fixtures Within The Leased Premises Only, Making It An Incredible Opportunity To Establish Or Expand Your Café Or Bakery Business In A Thriving Location. (id:66096)
Property Details
- MLS®
- C12916294
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial
- Interior Size
- 780 ft²
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3,215.78/yr
- Listed
- 225 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 225 days on market, against an average age of 57 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 (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5V)
This home lists at $99,888, about 1.1× the local median household income of $91,000.
Carrying it typically needs a household income of about $19,512 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$99,888
Toronto