6048 Yonge Street, Toronto (Newtonbrook West) - Business for Sale
6048 Yonge Street, Toronto (Newtonbrook West), Ontario, M2M3W5
This business in Toronto is for sale. It has been on the market 48 days, fresher than the Toronto average of 58 days.
Description
Rare opportunity to acquire a fully built-out, turn-key restaurant space in North York. Approx. 1,217 sq. ft., surrounded by a large residential population. Close to Yonge-Finch subway station and the future Yonge North subway extension. Newly renovated in 2026 and ideally set up for noodle-focused concepts such as ramen, pho, Korean/Chinese noodles, and other Asian cuisine. The versatile layout can also be easily adapted to accommodate a wide range of restaurant and food concepts. Lease until April 30, 2027 with a 5-year renewal option. (id:66096)
Property Details
- MLS®
- C13797980
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Frontage
- 59 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 48 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 48 days on market, against an average age of 58 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 (Newtonbrook West) has been listed for 48 days, which is 10 days fresher than the city average of 58. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2M)
This home lists at $139,000, about 1.7× the local median household income of $81,000.
Carrying it typically needs a household income of about $27,152 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 31,915
- Median age
- 44.4
- Owner / renter
- 58% / 43%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M2M)
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$139,000
Toronto