#101 4002 Sheppard Avenue East, Toronto (Agincourt South-Malvern West) - Business for Sale
#101 4002 Sheppard Avenue East, Toronto (Agincourt South-Malvern West), Ontario, M1S4R5
This business in Toronto is for sale. It has been on the market 20 days, fresher than the Toronto average of 75 days.
Description
Prime Corner Location! Excellent Turnkey Restaurant Business Opportunity! Well-established Vietnamese restaurant situated at the high-traffic intersection of Sheppard Ave E and Kennedy Rd. Highly visible corner unit offering exceptional exposure to passing vehicles and pedestrians, surrounded by densely populated residential neighbourhoods and supported by a loyal base of repeat customers. Spacious 2,323 sq. ft. premises with seating for 92 guests, featuring a fully equipped commercial kitchen. All existing restaurant equipment is included in the sale, allowing a new owner to take over and continue operations with minimal interruption. The seller is willing to provide hands-on training and transfer all recipes, cooking techniques, and operational knowledge to ensure a smooth transition. An excellent opportunity for experienced restaurateurs looking to expand their business or first-time operators seeking to enter the restaurant industry with an established operation. Don't miss this opportunity to own a ready-to-operate restaurant in a highly visible and convenient location! (id:66096)
Property Details
- MLS®
- E14081568
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 20 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 20 days on market, against an average age of 75 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 (Agincourt South-Malvern West) has been listed for 20 days, which is 55 days fresher than the city average of 75. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1S)
This home lists at $365,000, about 4.5× the local median household income of $81,000.
Carrying it typically needs a household income of about $71,297 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 37,663
- Median age
- 44.4
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA M1S)
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$365,000
Toronto