haho.ca
$268,000
For sale

4920 Yonge Street, Toronto (Lansing-Westgate) - Business for Sale

4920 Yonge Street, Toronto (Lansing-Westgate), Ontario, M2N5N5

Listed 22 days ago
Overview

This business in Toronto is for sale. It has been on the market 22 days, fresher than the Toronto average of 86 days.

Description

LOCATION !! LOCATION !! LOCATION !! Turnkey & Established Premium "Pizzaiolo" Pizzeria Franchise Business with Street Exposure & Eye-Catching Signage for Drive-By & Foot Traffic in the High Traffic & Busy Yonge/Sheppard Area, Surrounded by Offices and Condos with Easy Access to 401. 1250 Sqft Inside (30 Seating), 350 Sqft Patio (12 Seating), and 1200 Sqft Basement. Easy Operation, Very Profitable Money-Making Business. Comprehensive Training Available To New Qualified Buyer. Steady Clientele Base And Bright Location Facing YONGE Street. Lease rate of $10,100/mo with 1 + 10 Years Remaining. This is a Sale of Business ONLY, with No Property. All Three Coolers Have Been Replaced, Renewed, and Fully Serviced. The Walk-in Cooler's and Toppings Cooler's Cooling Systems Have Been Replaced. Additionally, All Ovens Have Been Fully Serviced and Maintained. **EXTRAS** Hood, Fridge, Freezer, All Chattels & Equipment's Are Included In The Price. The List Will be Provided to Qualified Buyer's Upon Request. (id:66096)

Property Details

MLS®
C14028074
Property Type
Business
Business Type
Restaurant
Zoning
COMMERCIAL
Frontage
19 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
22 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
22d
Toronto (Lansing-Westgate) listings, avg age
86d
List price
$268K

Extended: 22 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.

Haho

This business in Toronto (Lansing-Westgate) has been listed for 22 days, which is 64 days fresher than the city average of 86. Act while there is still low competition.

Listed by RE/MAX HALLMARK REALTY LTD. · BAHARAN SABZPOSH-RASHIDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $268,000, about 3.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $52,350 (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)

$268,000
For sale

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Financing

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$268,000

Toronto

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