#101-104 250 Sheppard Avenue East, Toronto (Willowdale East) - Business for Sale
#101-104 250 Sheppard Avenue East, Toronto (Willowdale East), Ontario, M2N6M9
Description
Rare opportunity to acquire a well-established and profitable gaming and entertainment business with over 10 years of operating history. Featuring more than 10,000 sq. ft. of entertainment space, the business offers a diverse range of recreational experiences, including a PC and console gaming lounge, Mahjong, poker, and board game areas.The facility is equipped with a convenient online booking system, allowing customers to reserve gaming sessions and manage their visits efficiently. Ample on-site parking adds further convenience for customers.The Seller is willing to remain involved as a partner or provide training and transition support to ensure a smooth handover and continuity of operations.Excellent opportunity for an investor or operator seeking an established, income-generating entertainment business with a strong operating history and multiple revenue streams. (id:66096)
Property Details
- MLS®
- C13685480
- Property Type
- Business
- Zoning
- Commercial
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 79 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 79 days on market, against an average age of 56 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 (Willowdale East) 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 (M2N)
This home lists at $450,000, about 5.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.
- Median household income
- $82,000
- Population
- 75,100
- Median age
- 38
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M2N)
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$450,000
Toronto