827 Albion Road, Toronto (Thistletown-Beaumonde Heights) - Business for Sale
827 Albion Road, Toronto (Thistletown-Beaumonde Heights), Ontario, M9V1A3
This business in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 17 days, fresher than the Toronto average of 88 days.
Description
Established food business at the busy intersection of Islington & Albion - high traffic, high visibility! Full commercial kitchen set up with ample space in the basement currently running as South Indian restaurant continue same or bring your own concept. Lease secured until Sept 2030 - low rent at $2,653/month approximately. Fully equipped and ready to operate, A rare opportunity to step into a running operation with a prime location and a locked-in lease. (id:66096)
Property Details
- MLS®
- W14093962
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Bathrooms
- 2
- Interior Size
- 850 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- 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 88 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 (Thistletown-Beaumonde Heights) has been listed for 17 days, which is 71 days fresher than the city average of 88. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9V)
This home lists at $169,111, about 2.1× the local median household income of $82,000.
Carrying it typically needs a household income of about $33,033 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $82,000
- Population
- 53,878
- Median age
- 37.2
- Owner / renter
- 54% / 46%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M9V)
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$169,111
Toronto