525 West Queen Street West, Toronto (Waterfront Communities) - Business for Sale
525 West Queen Street West, Toronto (Waterfront Communities), Ontario, M5V2B4
This business in Toronto is for sale. It has been on the market 4 days, fresher than the Toronto average of 57 days.
Description
Prime Queen Street West location between Spadina and Augusta, with the famous Graffiti Alley directly behind the store! High-traffic tourist area near major attractions, Rogers Centre, and BMO Field. Modern convenience store established for nearly 3 years with loyal customers. Optional 4-bedroom upper-level Airbnb setup offers additional income potential. Buyer may take over the convenience store alone or explore live/work or rental opportunities upstairs. Excellent opportunity in the heart of downtown Toronto! Business for sale only. (id:66096)
Property Details
- MLS®
- C14134860
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Retail
- Frontage
- 13 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $22,317/yr
- Listed
- 4 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 4 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 (Waterfront Communities) has been listed for 4 days, which is 53 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5V)
This home lists at $125,000, about 1.4× the local median household income of $91,000.
Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$125,000
Toronto