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$99,000
For sale

48 St Clair Avenue East, Toronto (Rosedale-Moore Park) - Business for Sale

48 St Clair Avenue East, Toronto (Rosedale-Moore Park), Ontario, M4T1M9

1,563 ft²Listed 172 days ago
Overview

This business in Toronto is for sale offering roughly 1,563 sq ft of space.

Description

Prime Yonge & St. Clair restaurant opportunity across from the newly renovated Immigration Office building and steps to the subway entrance. Renovated Japanese restaurant with excellent visibility, prominent signage, heavy pedestrian traffic, and convenient transit access.Located in a vibrant mixed-use neighbourhood surrounded by offices, condos, and retail shops. Fully equipped and can easily be converted to any cuisine. Includes additional basement space, patio, and one rear parking spot. Turnkey business with strong dine-in and take-out potential in one of Toronto's most desirable midtown locations. (id:66096)

Property Details

MLS®
C13138538
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Interior Size
1,563 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$1/yr
Listed
172 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
172d
Toronto (Rosedale-Moore Park) listings, avg age
45d
Price / ft²
$63
List price
$99K

Long Listed: 172 days on market, against an average age of 45 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.

Haho

This business in Toronto (Rosedale-Moore Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by BAY STREET GROUP INC. · DANIEL DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4T)

This home lists at $99,000, about 0.9× the local median household income of $114,000.

Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$114,000
Population
10,332
Median age
46.8
Owner / renter
49% / 51%
Avg. household size
2

Source: Statistics Canada, 2021 Census (FSA M4T)

$99,000· $63/ft²
For sale

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Financing

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$99,000

Toronto

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