480 Dundas Street, Toronto (Kensington-Chinatown) - Business for Sale
480 Dundas Street, Toronto (Kensington-Chinatown), Ontario, M5T1G9
This business in Toronto is for sale offering roughly 1,335 sq ft of space.
Description
Rarely found money making business right at the core of china town (spadina/dundas), retail store of chinese herbs,649 lotto and related services set up by the same owner over 10 years ago, walk-in and built-up clientele, extreme high traffic commercial street, steady sales with high profit margin. Great potential for experienced operator with chinese traditional herbs and by hiring a in-house chinese therapist for much more extra income. (id:66096)
Property Details
- MLS®
- C12435943
- Property Type
- Business
- Zoning
- Commercial/Retail
- Parking
- 1
- Interior Size
- 1,335 ft²
- Heating
- Baseboard heaters
- Cooling
- Partially air conditioned
- Listed
- 400 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 400 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 $300,000, about 4.9× the local median household income of $61,600.
Carrying it typically needs a household income of about $58,601 (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)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$300,000
Toronto