599 Bloor Street West, Toronto (Palmerston-Little Italy) - Business for Sale
599 Bloor Street West, Toronto (Palmerston-Little Italy), Ontario, M6G1K5
This business in Toronto is for sale offering roughly 780 sq ft of space. It has been on the market 17 days, fresher than the Toronto average of 56 days.
Description
Your next location in the heart of Koreatown. This turnkey retail unit sits on the high-traffic Bloor St W corridor at Bathurst, right next to a newly built condominium whose residents add to the steady flow of students, locals and visitors. Steps to Bathurst Station and minutes from the University of Toronto. The space is fully built out for food and beverage: a working commercial kitchen, bar/service counter, exposed brick, and a large street-facing display window that puts your brand in front of passing foot traffic. Currently licensed for liquor sales. An efficient footprint keeps rent and operating costs in check while supporting a café, restaurant, bar, dessert or takeout concept. Skip the build-out cost and open sooner in one of downtown Toronto's most recognizable dining destinations. (id:66096)
Property Details
- MLS®
- C14097360
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 780 ft²
- Lot Size
- 15 × 131 ft (2,001 sq ft)
- Frontage
- 15 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Garage
- Other
- Listed
- 17 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 17 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 (Palmerston-Little Italy) has been listed for 17 days, which is 39 days fresher than the city average of 56. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6G)
This home lists at $98,000, about 1.1× the local median household income of $91,000.
Carrying it typically needs a household income of about $19,143 (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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$98,000
Toronto