523 Annette Street, Toronto (High Park North) - Business for Sale
523 Annette Street, Toronto (High Park North), Ontario, M6P1S1
This business in Toronto is for sale offering roughly 750 sq ft of space.
Description
Prime Restaurant Opportunity at Annette & Runnymede! Looking to expand your existing restaurant business or launch your next culinary concept? Your search is over!Located at the vibrant corner of Annette Street and Runnymede Road, this approximately 800 sq. ft. restaurant space offers an exceptional opportunity in a well-established and highly active neighbourhood.The space is ideally configured with approximately 20 seats and comes fully equipped with everything you need to get cooking, including commercial cooking equipment, ventilation, refrigerators, a draft fridge and a walk-in cooler. The full basement provides an abundance of additional storage, making this space both functional and efficient.Surrounded by a collection of successful restaurants, cafés and food establishments, the location offers excellent exposure. The possibilities are endless - envision a premium sandwich or deli concept, breakfast café, grab-and-go destination, specialty takeout operation or a unique food franchise.With TTC right at your doorstep, access is convenient for both customers and employees. Excellent road access also makes the location ideal for delivery and food-ordering services, adding another valuable revenue stream.Great location. Excellent infrastructure. Endless possibilities. Whether you're an established operator looking to expand or an entrepreneur ready to bring your next food concept to life, this is an opportunity you won't want to miss.Don't wait - this one is a must-see! (id:66096)
Property Details
- MLS®
- W13660084
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Business Commercial
- Interior Size
- 750 ft²
- Lot Size
- 20 × 45 ft (900 sq ft)
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1,600/yr
- Listed
- 86 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 86 days on market, against an average age of 59 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 (High Park North) 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 (M6P)
This home lists at $49,900, about 0.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $9,747 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $86,000
- Population
- 39,870
- Median age
- 39.2
- Owner / renter
- 43% / 58%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA M6P)
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$49,900
Toronto