4900 Yonge Street, Toronto (Lansing-Westgate) - Business for Sale
4900 Yonge Street, Toronto (Lansing-Westgate), Ontario, M2N6A4
This business in Toronto is for sale offering roughly 300 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 86 days.
Description
Location! Location! Location! Just 5 Days Business Per Week With Great Income. No Competition. Franchise Gateway On The Go In The Most Busy Government Building In Yonge/Sheppard. 300 Sqft Size, Main Items are Coffee/Muffins/Sandwiches. cigarette, and Lottery, . Lease 4.5Yrs, Rent $1,250 + Hst (Tmi/Hydro/Water Incl), Weekly Sales $2,500. Monthly Lotto Commission $1,300, Monthly Net Income $6,500. over 50% margin, Short Time Work(7Am-4:30Pm) In Weekdays Only. (id:66096)
Property Details
- MLS®
- C14115570
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 300 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 9 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 9 days on market, against an average age of 86 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 (Lansing-Westgate) has been listed for 9 days, which is 77 days fresher than the city average of 86. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2N)
This home lists at $249,000, about 3.0× the local median household income of $82,000.
Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $82,000
- Population
- 75,100
- Median age
- 38
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M2N)
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 →
$249,000
Toronto