5417 Yonge Street, Toronto (Willowdale East) - Business for Sale
5417 Yonge Street, Toronto (Willowdale East), Ontario, M2N5R6
This business in Toronto is for sale offering roughly 920 sq ft of space.
Description
Prestigious Yonge Street location offering an exceptional opportunity for an established or aspiring food-service operator. Currently operating as a creperie and dessert café, this double-unit premises (5417-5419) is substantially larger than many of the surrounding restaurant establishments, providing excellent space and flexibility for a variety of concepts. The business is being sold as-is, including existing chattels and fixtures. The bright, well maintained premises features a spacious kitchen, storage room, mezzanine for additional inventory and supplies, and a well-maintained washroom. A second washroom is also available if required. Ideally suited for a variety of food-service concepts, including a café, coffeeshop, dessert establishment, or other food-related business, subject to applicable approvals. Excellent exposure and pedestrian traffic, surrounded by condominiums, established residential neighbourhoods, and a wide variety of retail businesses. TTC service is conveniently located at the door, with the subway station within walking distance. A rare opportunity to establish or expand a food business in a highly desirable and well-established Yonge Street location where rent is negotiable and no lease will be transferred. (id:66096)
Property Details
- MLS®
- C13745162
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- commercial/retail
- Bathrooms
- 2
- Interior Size
- 920 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $1,980/yr
- Listed
- 62 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 62 days on market, against an average age of 56 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 East) 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 (M2N)
This home lists at $108,800, about 1.3× the local median household income of $82,000.
Carrying it typically needs a household income of about $21,252 (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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$108,800
Toronto