603 St Clair Avenue West, Toronto (Humewood-Cedarvale) - Business for Sale
603 St Clair Avenue West, Toronto (Humewood-Cedarvale), Ontario, M6C1A3
This business in Toronto is for sale. It has been on the market 1 day, fresher than the Toronto average of 39 days.
Description
Bring Your Passion for Café Culture to an Established St. Clair Avenue West Business! Inspired by the charm and traditions of French bakeries and pâtisseries, this distinctive café offers an opportunity to build on a business created and cared for with heart. Situated in an established, busy neighbourhood, the approximately 1,200 sq. ft. premises enjoy St. Clair Avenue West exposure and regular pedestrian traffic, with particularly lively weekends. With an established reputation and a welcoming identity, this café is ready for a new owner to carry its story forward. This is an excellent opportunity for a hands-on owner operator with fresh ideas and a passion for hospitality, offering potential to further develop the menu, explore catering and special orders, and strengthen the business's neighbourhood presence. Currently operating with one employee. Monthly gross rent is $4,593.6 + HST, with potential for one or two additional five-year renewal terms, subject to confirmation of lease terms and landlord approval. A personal visit is highly recommended to appreciate the character, location, and possibilities this business offers. A café with a story, ready for its next chapter! (id:66096)
Property Details
- MLS®
- C14143164
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial Retail
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- Yesterday
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 1 day on market, against an average age of 39 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 (Humewood-Cedarvale) has been listed for 1 day, which is 38 days fresher than the city average of 39. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6C)
This home lists at $119,000, about 1.3× the local median household income of $91,000.
Carrying it typically needs a household income of about $23,245 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 23,997
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M6C)
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$119,000
Toronto