5308 Yonge Street, Toronto (Willowdale West) - Business for Sale
5308 Yonge Street, Toronto (Willowdale West), Ontario, M2N5P9
This business in Toronto is for sale offering roughly 1,200 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 74 days.
Description
Located in a busy North York block with strong foot traffic, this well-known Thai restaurant offers a fully equipped and functional layout. The main dining area provides 40 seats, complemented by a large prep kitchen featuring an 18 ft commercial exhaust hood. A full basement offers ample storage and additional prep space.Two dedicated parking spots at the rear of the building. The lease includes a 5-bedroom apartment on the second floor, providing excellent value and flexibility for operators or staff housing. Great setup that can be converted to any cuisine or concept. (id:66096)
Property Details
- MLS®
- C13760870
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Parking
- 2
- Interior Size
- 1,200 ft²
- Building Area
- 1,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3,382/yr
- Listed
- 56 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 74 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 (Willowdale West) has been listed for 56 days, which is 18 days fresher than the city average of 74. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2N)
This home lists at $199,000, about 2.4× the local median household income of $82,000.
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
- $82,000
- Population
- 75,100
- Median age
- 38
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M2N)
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$199,000
Toronto