579 College Street, Toronto (Trinity-Bellwoods) - Business for Sale
579 College Street, Toronto (Trinity-Bellwoods), Ontario, M6G1B2
This business in Toronto is for sale offering roughly 1,600 sq ft of space. It has been on the market 35 days, fresher than the Toronto average of 49 days.
Description
Fantastic restaurant opportunity in the heart of Little Italy on College Street! This beautifully renovated bistro is bright, stylish and inviting, featuring an open-concept kitchen with a 10-ft hood and a great layout ideal for a busy lunch, brunch or all-day concept. The space shows exceptionally well throughout and includes a spacious, very clean basement offering plenty of additional room for storage and operations. Located on a high-traffic stretch of College with tremendous pedestrian and vehicle exposure throughout the day. Little Italy's dining scene is experiencing an exciting resurgence, with several notable new restaurants opening in the neighbourhood in recent years. A turnkey-looking space in one of Toronto's most established dining neighbourhoods - don't wait! (id:66096)
Property Details
- MLS®
- C13848796
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,600 ft²
- Building Area
- 1,600 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 35 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 35 days on market, against an average age of 49 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 (Trinity-Bellwoods) has been listed for 35 days, which is 14 days fresher than the city average of 49. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6G)
This home lists at $190,000, about 2.1× the local median household income of $91,000.
Carrying it typically needs a household income of about $37,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 30,600
- Median age
- 39.6
- Owner / renter
- 49% / 51%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M6G)
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$190,000
Toronto