439A Yonge Street, Toronto (Bay Street Corridor) - Business for Sale
439A Yonge Street, Toronto (Bay Street Corridor), Ontario, M5B1T3
This business in Toronto is for sale offering roughly 1,053 sq ft of space.
Description
Located in one of the most sought-after locations right on Yonge Street, just right beside College Subway exit, with an excellent 30 Ft. Storefront & Signage Exposure. The shop is surrounded by a bustling community of high-rise condos, offices, Ryerson University, and shopping centers. Situated in a prime location with very high foot traffic, this shop offers the perfect opportunity to tap into a steady flow of potential customers.This modern bubble tea shop/cafe is a turnkey business opportunity. The shop boasts a stylish,contemporary interior with vibrant decor and a cozy, inviting atmosphere that attracts a widerange of customers. The shop is fully equipped with everything needed to run a successful business, andan optimized layout, this bubble tea shop is ready for immediate operation. It also provides the flexibility to be transformed into a cafe, dessert establishment, QSR, orother type of retail.This business offers incredible potential.Flexible Use: Currently a bubble tea shop, but the space may available for conversion into a cafe, dessert bar, or other quick-service restaurant-related concepts.Prime Location: In an extremely high foot-traffic area, ensuring constant customer flow fromnearby residents, office workers, tourist, and passersby.Modern Design: Stylish and clean interior, ready to be customized for your vision.Turnkey Opportunity: Fully equipped with the necessary appliances and fixtures to continue operating immediately or transition into a new business model.Great Visibility: Situated in a well-populated area,surrounded by retail businesses,residential buildings, Hotel, and offices.Whether you TMre aseasoned entrepreneur or new to the industry, this space provides a fantasticopportunity to step into a thriving market with minimal effort. Take advantage of this amazing chance to own a modern, successful business today! (id:66096)
Property Details
- MLS®
- C13602682
- Property Type
- Business
- Zoning
- Commercial
- Bathrooms
- 1
- Interior Size
- 1,053 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 105 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 105 days on market, against an average age of 60 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 (Bay Street Corridor) 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 (M5B)
This home lists at $79,000, about 1.4× the local median household income of $58,000.
Carrying it typically needs a household income of about $15,431 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $58,000
- Population
- 17,422
- Median age
- 31.4
- Owner / renter
- 28% / 72%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5B)
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$79,000
Toronto