haho.ca
$279,000
For sale

953 Kingston - Chatime Road, Toronto (The Beaches) - Business for Sale

953 Kingston - Chatime Road, Toronto (The Beaches), Ontario, M4E1S8

1 bath2 parking750 ft²Listed 62 days ago
Overview

This business in Toronto is for sale offering roughly 750 sq ft of space.

Description

Well-established Chatime bubble tea franchise concept with strong brand recognition, excellent exposure, steady foot traffic, and solid revenue. Located in Kingston Road Village in the prime upper beach location on Kingston Road west of Victoria Park Avenue. Thriving neighbourhood in the Beaches with high-end demographics. Heavy pedestrian traffic close to established residential neighbourhood, new condos and three high schools. Easily accessible bypubic traffic. This well-established store has been operating successfully for 4 years and generates strong, consistent annual sales. Do not go direct or speak to employees. (id:66096)

Property Details

MLS®
E13742150
Property Type
Business
Business Type
Restaurant
Zoning
Commercial/Residential
Bathrooms
1
Parking
2
Interior Size
750 ft²
Lot Size
17 × 107 ft (1,804 sq ft)
Frontage
16 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$14,760/yr
Listed
62 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
62d
Toronto (The Beaches) listings, avg age
48d
Price / ft²
$372
List price
$279K

Long Listed: 62 days on market, against an average age of 48 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 (The Beaches) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by BRAD J. LAMB REALTY 2016 INC. · SUZANNE GRIMBLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $279,000, about 2.5× the local median household income of $112,000.

Carrying it typically needs a household income of about $54,498 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$112,000
Population
25,473
Median age
42.8
Owner / renter
64% / 36%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$279,000· $372/ft²
For sale

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Financing

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$279,000

Toronto

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