4105 Steeles Avenue West, Toronto (Black Creek) - Business for Sale
4105 Steeles Avenue West, Toronto (Black Creek), Ontario, M3N1V7
This business in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 24 days, fresher than the Toronto average of 55 days.
Description
An exceptional opportunity to acquire a well-established and highly respected optical business in one of Toronto's busiest commercial corridors. This Optical has proudly served the community since 1991, building a loyal clientele and a strong reputation for quality eye care and optical services. Strategically located on bustling Steeles Avenue West, the business benefits from outstanding exposure, consistent traffic, and excellent accessibility. The location offers sample customer convenience with plenty of parking available both in front of and behind the building. Strong and consistent financials with approximately 3 years remaining on the currentlease w/ extension negotiable with the Landlord. Current monthly rent is $5,054.22, including TMI/HST. We are open to working with both investors and experienced operators looking for expansion opportunities, making this a flexible acquisition opportunity for a variety of buyers. (id:66096)
Property Details
- MLS®
- W14023984
- Property Type
- Business
- Zoning
- MC
- Bathrooms
- 1
- Interior Size
- 1,500 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 24 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 24 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 (Black Creek) has been listed for 24 days, which is 31 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 (M3N)
This home lists at $299,900, about 4.5× the local median household income of $66,500.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $66,500
- Population
- 40,846
- Median age
- 38
- Owner / renter
- 37% / 63%
- Avg. household size
- 3
Source: Statistics Canada, 2021 Census (FSA M3N)
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 →
$299,900
Toronto