557 Fenmar Drive, Toronto (Humber Summit) - Business for Sale
557 Fenmar Drive, Toronto (Humber Summit), Ontario, M9L2R6
This business in Toronto is for sale offering roughly 6,886 sq ft of space. It has been on the market 78 days, fresher than the Toronto average of 96 days.
Description
Here is your chance to own and operate a fully equipped woodworking business, specializing in cabinets, closets, wall units, and vanities. Conveniently located, this versatile operation offers on-site CNC and cabinet painting services, making it an ideal opportunity for an entrepreneur looking to start or expand a woodworking business. (id:66096)
Property Details
- MLS®
- W13691346
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- E41.0
- Bathrooms
- 4
- Interior Size
- 6,886 ft²
- Heating
- Radiant heat
- Cooling
- Partially air conditioned
- Listed
- 78 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 78 days on market, against an average age of 96 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 78 days, which is 18 days fresher than the city average of 96. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9L)
This home lists at $175,000, about 2.2× the local median household income of $81,000.
Carrying it typically needs a household income of about $34,184 (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)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$175,000
Toronto