646 Dixon Road, Toronto (West Humber-Clairville) - Business for Sale
646 Dixon Road, Toronto (West Humber-Clairville), Ontario, M9W1J1
Description
Well established franchise business for sale - one of the best chain restaurants at the excellent commercial district, surrounded by all well known national brands, beside Toronto Congress Centre, with extremely high traffic year out. The restaurant built on value, hospitality, comfortability and delicious food, with great layout of split bar and dining room sides, attracting repeated customers year-round. With close to 300 seats plus patio, a on growing sales with more potential and long lease term (5+5) is definitely a money making business for you, rarely to be found in GTA. Buyer needs to be qualified by the Franchisor, signing a new franshise agreement with fee and training at buyer's cost. (id:66096)
Property Details
- MLS®
- W13513358
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 125 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 125 days on market, against an average age of 60 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 (West Humber-Clairville) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9W)
This home lists at $668,800, about 7.9× the local median household income of $85,000.
Carrying it typically needs a household income of about $130,640 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
- Median household income
- $85,000
- Population
- 40,977
- Median age
- 38.8
- Owner / renter
- 58% / 42%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA M9W)
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$668,800
Toronto