858 The Queensway, Toronto (Stonegate-Queensway) - Business for Sale
858 The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Z1N7
This business in Toronto is for sale offering roughly 1,962 sq ft of space.
Description
Award-Winning, World-Class International Pizza Franchise Available In Toronto! A Rare Opportunity For An Owner-Operator Or Investor To Acquire A Highly Successful And Profitable Pizza Restaurant In A Fast-Growing Neighbourhood.Strategically Located In A Dense, High-Traffic Area With Exceptional Visibility, This Turnkey Operation Offers A Simplified System For Easy Management And Strong, Steady Sales With Growing Income. Low Monthly Rent Of Only $4,513 Including TMI, Along With A Favorable Long-Term Lease, Ensures Low Operating Costs And Excellent Profitability.This Established Business Is Perfectly Positioned For Future Growth, Surrounded By Thousands Of Existing Residents And Significant New Residential Developments Currently Under Construction. Features Include Impressive Net Income, Loyal Customer Base, Strong Brand Recognition, And Fully Operational Turnkey Setup.Excellent Opportunity To Own A Thriving Franchise Business In One Of Toronto's Rapidly Expanding Communities. Fully Completed Basement With Washroom, Storage Rooms And Recreational Room (id:66096)
Property Details
- MLS®
- W13143870
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commerical/Retail
- Bathrooms
- 2
- Interior Size
- 1,962 ft²
- Frontage
- 20 ft
- Building Area
- 1,962 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 169 days ago
Services
- Water
- Municipal water
- Sewer
- Storm sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 169 days on market, against an average age of 51 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 (Stonegate-Queensway) 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 (M8Z)
This home lists at $299,900, about 2.7× the local median household income of $111,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $111,000
- Population
- 19,312
- Median age
- 40.4
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M8Z)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$299,900
Toronto