482 Bloor Street West, Toronto (Annex) - Business for Sale
482 Bloor Street West, Toronto (Annex), Ontario, M5S1X8
This business in Toronto is for sale. It has been on the market 50 days, fresher than the Toronto average of 58 days.
Description
High-performing and well-established sushi restaurant available for sale in a prime location near Yonge & Bathurst, with a solid customer base and steady traffic. LLBO-eligible with 40 seats, 3 washrooms, and 1 parking space. Net Rent $6,450/month + HST = $7,288.50/month (TMI included). No annual rent increase clause in the lease (rent fixed for 5 years). Utilities: Tenant pays 75% of water and 100% of gas & hydro. Lease term: 4 years 6 months plus a 5-year renewal option. Ideal opportunity for an experienced operator or investor seeking a stable business with strong cash flow. (id:66096)
Property Details
- MLS®
- C13788538
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Comm/Res
- Frontage
- 17 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 50 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 50 days on market, against an average age of 58 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 (Annex) has been listed for 50 days, which is 8 days fresher than the city average of 58. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5S)
This home lists at $160,000, about 2.3× the local median household income of $70,000.
Carrying it typically needs a household income of about $31,254 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,000
- Population
- 17,074
- Median age
- 33.2
- Owner / renter
- 36% / 64%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5S)
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$160,000
Toronto