453 Cherry Street, Toronto (Waterfront Communities) - Business for Sale
453 Cherry Street, Toronto (Waterfront Communities), Ontario, M5A0H7
Description
Turnkey commercial opportunity in Toronto's thriving Canary District. Fully built-out modern fitness studio featuring over $700,000 in original investment and premium leasehold improvements, offering strong street exposure and excellent visibility at the northeast corner of Front & Cherry. Located within a rapidly growing master-planned community surrounded by high-density residential developments, retail, and steady pedestrian traffic. Continue the existing fitness operation or bring your own vision - concept can be changed to suit a variety of business uses. Prime downtown east location steps to TTC transit, Corktown Common, and the Distillery District. (id:66096)
Property Details
- MLS®
- C13143070
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 169 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 169 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 (M5A)
This home lists at $149,000, about 2.1× the local median household income of $71,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $71,000
- Population
- 48,978
- Median age
- 36.4
- Owner / renter
- 35% / 65%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5A)
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$149,000
Toronto