#101 6349 Yonge Street, Toronto (Newtonbrook East) - Business for Sale
#101 6349 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3X7
This business in Toronto is for sale offering roughly 245 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 66 days.
Description
Well-established and profitable dry cleaning, laundry, and alteration business located in the high-demand Yonge and Steeles neighbourhood. Situated directly on Yonge Street, featuring prominent street-facing windows that provide excellent visibility and ample parking. The business benefits from a loyal clientele and a prime location. An easy-to-operate business with strong profitability and excellent growth potential. (id:66096)
Property Details
- MLS®
- C14141778
- Property Type
- Business
- Business Type
- Service
- Zoning
- Commercial
- Interior Size
- 245 ft²
- Heating
- Radiator
- Cooling
- None
- Listed
- 2 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 2 days on market, against an average age of 66 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 (Newtonbrook East) has been listed for 2 days, which is 64 days fresher than the city average of 66. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2M)
This home lists at $36,000, about 0.4× the local median household income of $81,000.
Carrying it typically needs a household income of about $7,032 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 31,915
- Median age
- 44.4
- Owner / renter
- 58% / 43%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M2M)
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$36,000
Toronto