733 Pape Avenue, Toronto (Danforth) - Business for Sale
733 Pape Avenue, Toronto (Danforth), Ontario, M4K3S8
This business in Toronto is for sale offering roughly 1,800 sq ft of space.
Description
Rare opportunity to own a profitable, reputable, and well-established grocery, fruit & vegetable store in a prime high-traffic location. Situated on a corner location next to a busy subway station, the store benefits from excellent visibility and consistent daily foot traffic. The business is well established, fully equipped, and professionally maintained, with a strong reputation among local customers. Business Highlights: Approximately 1,800 sq. ft. retail space; Prime corner location beside a busy subway station; High pedestrian traffic and excellent visibility; Fresh fruits and vegetables, groceries, and everyday essentials; Approx. $860k in yearly sales; 5 + 5 year lease; Well-equipped and maintained; Separate room available for setting up an additional business, subject to applicable regulations and approvals; Buyer can increase more sales by adding tobacco, beer and wine; Seller will provide training and assistance with daily operations; Strong potential for further growth and expansion. This is an excellent opportunity for an owner-operator or investor looking to acquire an established business with strong sales and a prime location. (id:66096)
Property Details
- MLS®
- E13781840
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial
- Interior Size
- 1,800 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Listed
- 51 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 51 days on market, against an average age of 42 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 (Danforth) 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 (M4K)
This home lists at $139,000, about 1.7× the local median household income of $84,000.
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
- $84,000
- Population
- 30,913
- Median age
- 43.2
- Owner / renter
- 45% / 56%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4K)
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$139,000
Toronto