5025 Steeles Avenue West, Toronto (Humber Summit) - Business for Sale
5025 Steeles Avenue West, Toronto (Humber Summit), Ontario, M9L2X1
This business in Toronto is for sale offering roughly 2,450 sq ft of space. It has been on the market 30 days, fresher than the Toronto average of 97 days.
Description
SUCCESSFULLY RUNNING LATIN RESTAURANT STAND ALONE PROPERTY LOCATED AT A BUSY INTERSECTION, FULLY EQUIPPED COMMERCIAL GRADE EQUIPMENTS WITH RATIONAL OVENS PLUS A SUPPER LARGE PATIO WITH LIQUOR LICENSE, PLAZA HAS LOTS OF PARKING SPACE FOR EVENTS AFFORDABLE RENT OF $7400 WHICH IS INCLUSIVE OF TMI & HST LONG TERM LEASE TILL 2033 AND PLUS 5 YEARS RENEWAL OPTION. PLEASE DO NOT GO DIRECT BOOK A SHOWING VIA LISTING BROKERAGE. (id:66096)
Property Details
- MLS®
- W13874086
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 2,450 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 30 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 30 days on market, against an average age of 97 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 (Humber Summit) has been listed for 30 days, which is 67 days fresher than the city average of 97. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9L)
This home lists at $295,111, about 3.6× the local median household income of $81,000.
Carrying it typically needs a household income of about $57,646 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 11,737
- Median age
- 41.6
- Owner / renter
- 75% / 25%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA M9L)
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$295,111
Toronto