414 Dundas Street West, Toronto (Kensington-Chinatown) - Business for Sale
414 Dundas Street West, Toronto (Kensington-Chinatown), Ontario, M5T1G7
This business in Toronto is for sale offering roughly 2,000 sq ft of space.
Description
Location! Location! Location!Rare Opportunity to Own a Well-Established and Highly Recognized Restaurant in the Heart of Chinatown, Downtown Toronto, Just Steps to Spadina Ave, Dundas St W and the Art Gallery of Ontario (AGO). This Iconic Restaurant Has Been Successfully Operating for Over 15 Years and Has Built a Strong Reputation with Loyal Local Customers, Students, Office Workers and Tourists from Around the World.Fully Equipped Commercial Kitchen Featuring a Large Commercial Exhaust Hood System, Huge Walk-In Cooler and Walk-In Freezer, Extensive Food Preparation Areas, Ample Storage Space, and Significant Capital Improvements Invested by the Current Owner. Turnkey Operation with Excellent Sales and Strong Cash Flow.Situated in One of Toronto's Busiest Pedestrian and Tourist Corridors with Exceptional Exposure and Constant Foot Traffic Year-Round. Strong Existing Customer Base and Outstanding Online Reputation.Don' Miss This Exceptional Opportunity - Low Rent !Must See! (id:66096)
Property Details
- MLS®
- C13410150
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Parking
- 1
- Interior Size
- 2,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 152 days ago
Features
- Appliances
- Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 152 days on market, against an average age of 81 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 (Kensington-Chinatown) 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 (M5T)
This home lists at $258,000, about 4.2× the local median household income of $61,600.
Carrying it typically needs a household income of about $50,396 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$258,000
Toronto