haho.ca
$50,000
For sale

852 Sheppard Avenue West, Toronto (Bathurst Manor) - Business for Sale

852 Sheppard Avenue West, Toronto (Bathurst Manor), Ontario, M3H2T5

1 bath850 ft²Listed 78 days ago
Overview

This business in Toronto is for sale offering roughly 850 sq ft of space.

Description

Well-Established Dry Cleaning Business for Sale - No Property Included! Located on A Prominent Corner Location Surrounded by A Growing Residential Community and Newly Constructed Multi-residential Buildings, This Long-established Dry Cleaning Business Presents An Excellent Opportunity for An Owner-Operator or Family Business. With More Than 20 Years of Successful Operating History and A Solid Base of Loyal Local Customers, the Business Has Built a Strong Reputation within the Community. Convenient Rear Parking Provides Easy Access for Customers. The Basement Offers Additional Working/storage Space, Several Machines, and A Washroom. With New Residential Buildings Nearby and More Residents Expected to Move into the Area, There is Excellent Potential to Expand the Customer Base and Develop Additional Revenue Opportunities. A Great Opportunity for Someone Looking For an Established Family Business With Existing Clientele and Room for Future Growth. Seller will Provide Full Training and Transition Support to the Buyer. Financial statements Available upon an accepted Offer. Business Sale only - property is not Included. (id:66096)

Property Details

MLS®
C13687396
Property Type
Business
Business Type
Service
Zoning
Commercial
Bathrooms
1
Interior Size
850 ft²
Lot Size
18 × 143 ft (2,574 sq ft)
Frontage
18 ft
Heating
No heat
Cooling
None
Listed
78 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
78d
Toronto (Bathurst Manor) listings, avg age
74d
Price / ft²
$59
List price
$50K

Long Listed: 78 days on market, against an average age of 74 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.

Haho

This business in Toronto (Bathurst Manor) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ANJIA REALTY · LUCY ZHAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3H)

This home lists at $50,000, about 0.5× the local median household income of $92,000.

Carrying it typically needs a household income of about $9,767 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$92,000
Population
38,416
Median age
40.8
Owner / renter
54% / 46%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA M3H)

$50,000· $59/ft²
For sale

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Financing

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$50,000

Toronto

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