567 Yonge Street, Toronto (Church-Yonge Corridor) - Business for Sale
567 Yonge Street, Toronto (Church-Yonge Corridor), Ontario, M4Y1Z2
This business in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 63 days.
Description
Excellent opportunity to take over profitable franchise bubble Tea Store in the heart of Downtown Toronto. well-located retail unit on busy Yonge St. Approx. 750 sq.ft. Well known Gong Cha Franchise. Very Good Sales record, available from last 3years legitimate sales record. 3 employees working in 2 shifts. open from 11am till 2am. very busy store, close to TMU and University of Toronto. After all expenses Owner take home good profit. Turn key operation (id:66096)
Property Details
- MLS®
- C13876968
- Property Type
- Business
- Zoning
- Cr 3.0 (C2.0; R3.0) Ss1 (X2546)
- Parking
- 2
- Interior Size
- 750 ft²
- Lot Size
- 15 × 113 ft (1,676 sq ft)
- Frontage
- 15 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $21,567/yr
- Listed
- 29 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 63 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 (Church-Yonge Corridor) has been listed for 29 days, which is 34 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4Y)
This home lists at $349,000, about 5.6× the local median household income of $62,400.
Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
- Median household income
- $62,400
- Population
- 36,319
- Median age
- 33.2
- Owner / renter
- 29% / 72%
- Avg. household size
- 1.5
Source: Statistics Canada, 2021 Census (FSA M4Y)
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$349,000
Toronto