haho.ca
$29,000
For sale

#1 115 Richmond Street East, Toronto (Church-Yonge Corridor) - Business for Sale

#1 115 Richmond Street East, Toronto (Church-Yonge Corridor), Ontario, M5C3H6

1 bath587 ft²Listed 45 days ago
Overview

This business in Toronto is for sale offering roughly 587 sq ft of space. It has been on the market 45 days, fresher than the Toronto average of 62 days.

Description

Prime Downtown Sushi takeout Business In Heart of Lively street. Old Town Toronto! This High-Traffic 587 sq Ft Retail Space Boasts Unbeatable foot traffic. Located Steps from The financial District. Incredible Student & Tourist Density: 5 Min walk to George Brown College(Adelaide), 1 Min walk to CMU College of Make up Art, And 2 Min walk to Holiday Inn Express, countless residencial & commercial building around the area. Turnkey Set-Up with limitless growth potential. Perfect for Sushi with existing facility. Ideal for Sushi Shop, Express Sushi Shop, Sushi Factory, Sushi Company Branch, Fish Market, Poke Shop branch, Korean Kimbob, Sandwich, Bubble tea, Tea Shop, Fruit Juice, Dessert shop branch, Ice Cream and many more !! Low Overhead, High-Exposure, Don't miss this vibrant Commercial opportunity! Super low rent of only $2376.86(including HST & TMI). Utility (Hydro+Water) Current usage only $100~$150 per month. Basic Maintenance (Hot Water, Heat, HVAC) is managed by building therefore you just concentrate on your business. Available Lease Take Over or 3+3 New Lease! Free Internet available from building (renew required every 4 hours, Can use with your hotspot data together). Lots of free parking 8 min away by bicycle. Free 20 minute delivery zone back street. Free short time loading zone in the building. No monthly fee credit card machine available if needed. (id:66096)

Property Details

MLS®
C13814352
Property Type
Business
Business Type
Restaurant
Zoning
Commercial / Retail
Bathrooms
1
Interior Size
587 ft²
Building Area
587 ft²
Heating
Forced air
Cooling
Fully air conditioned
Listed
45 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
45d
Toronto (Church-Yonge Corridor) listings, avg age
62d
Price / ft²
$49
List price
$29K

Extended: 45 days on market, against an average age of 62 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 (Church-Yonge Corridor) has been listed for 45 days, which is 17 days fresher than the city average of 62. Act while there is still low competition.

Listed by HOMELIFE FRONTIER REALTY INC. · PETE LIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5C)

This home lists at $29,000, about 0.3× the local median household income of $89,000.

Carrying it typically needs a household income of about $5,665 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$89,000
Population
3,149
Median age
36.4
Owner / renter
47% / 53%
Avg. household size
1.6

Source: Statistics Canada, 2021 Census (FSA M5C)

$29,000· $49/ft²
For sale

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Financing

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$29,000

Toronto

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