4906 Dundas Street West, Toronto (Islington-City Centre West) - Business for Sale
4906 Dundas Street West, Toronto (Islington-City Centre West), Ontario, M9A1B5
Description
Fantastic opportunity to acquire a fully equipped restaurant in a busy and growing Etobicoke neighbourhood. Operating for 13 years, and past recipient of the GEM of Etobicoke-Lakeshore award for "Best Retail Business - Food", this Asian-Latin fusion restaurant has become a neighbourhood staple with an established and loyal customer base. The space offers a warm and distinctive dining atmosphere with stone accent walls and a substantial bar/service area. The well-designed layout features a commercial kitchen with an 8-foot exhaust hood and cooking equipment, a dedicated dishwashing area, additional storage, two washrooms, and an inviting front patio. Licensed for 42 patrons under the existing LLBO licence, including 30 indoors and 12 on the patio. The sale includes an extensive list of restaurant equipment, furnishings, and chattels. An excellent turnkey opportunity to continue the existing operation, while also offering a new operator the flexibility to introduce their own concept without having to start from scratch. Free parking is available at the rear of the property, with convenient direct access through the restaurant's rear entrance - great for deliveries and day-to-day operations. Ideally located just steps from Dundas St W and Burnhamthorpe Rd, surrounded by established residential neighbourhoods and numerous existing and upcoming condominium developments. An excellent opportunity to take over an established restaurant in a location poised for continued growth. (id:66096)
Property Details
- MLS®
- W13752094
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR
- Bathrooms
- 2
- Frontage
- 58 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $20,112.36/yr
- Listed
- 58 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 58 days on market, against an average age of 57 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 (Islington-City Centre West) 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 (M9A)
This home lists at $199,000, about 2.1× the local median household income of $93,000.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 36,642
- Median age
- 43.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M9A)
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$199,000
Toronto