#1 and 2 1557 The Queensway, Toronto (Islington-City Centre West) - Business for Sale
#1 and 2 1557 The Queensway, Toronto (Islington-City Centre West), Ontario, M8Z1T8
Description
Rare opportunity to acquire an established Wild Wing Sports Bar & Restaurant in a prime, high traffic location near Ikea. The approximately 2,500-square-foot restaurant seats 88 guests with Patio for additional 48, and offers excellent visibility, convenient access, and ample parking. The business features a fully equipped commercial kitchen, licensed bar, multiple television screens, spacious dining area, and a vibrant atmosphere suitable for sports viewing, family dining, celebrations, and community gatherings. Sale includes seller-owned equipment, leasehold improvements and Wild Wing franchise rights, subject to franchisor approval and the applicable transfer fee. The business is suitable for a buyer requiring financing and offers additional opportunities through catering, private events, delivery platforms, takeout, corporate functions, and local marketing initiatives. Further information is available to qualified purchasers on a confidential basis. (id:66096)
Property Details
- MLS®
- W13711386
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 71 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 71 days on market, against an average age of 57 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 (Islington-City Centre West) 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 $369,900, about 3.3× the local median household income of $111,000.
Carrying it typically needs a household income of about $72,254 (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 →
$369,900
Toronto