473A Church Street, Toronto (Church-Yonge Corridor) - Business for Sale
473A Church Street, Toronto (Church-Yonge Corridor), Ontario, M4Y2C5
This business in Toronto is for sale. It has been on the market 15 days, fresher than the Toronto average of 63 days.
Description
Rare opportunity to own a high-volume convenience business in a prime downtown Toronto location with excellent foot traffic. Same owner for over 20 years, offering a wide selection of tobacco products, premium cigars and smoking accessories with strong profit. Features a 10-year lease, short operating hours, and easy one-person operation. The lottery business was introduced less than two years ago, Lotto Commission continues to grow. (id:66096)
Property Details
- MLS®
- C14109318
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Lot Size
- 10 × 68 ft (680 sq ft)
- Frontage
- 10 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $12,306.6/yr
- Listed
- 15 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 15 days on market, against an average age of 63 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 (Church-Yonge Corridor) has been listed for 15 days, which is 48 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4Y)
This home lists at $310,000, about 5.0× the local median household income of $62,400.
Carrying it typically needs a household income of about $60,554 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $62,400
- Population
- 36,319
- Median age
- 33.2
- Owner / renter
- 29% / 72%
- Avg. household size
- 1.5
Source: Statistics Canada, 2021 Census (FSA M4Y)
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$310,000
Toronto