#101 652 Spadina Avenue, Toronto (University) - Business for Sale
#101 652 Spadina Avenue, Toronto (University), Ontario, M5S2H7
Description
Located in a prime, high-traffic area near the University of Toronto, this successful restaurant offers an excellent opportunity for entrepreneurs and investors alike. Featuring a fully equipped commercial kitchen, LLBO license, the business enjoys a strong loyal customer base with significant repeat clientele. Easy to operate with strong growth potential in a vibrant and busy neighborhood. Ideal for experienced restaurateurs or anyone looking to invest in a thriving business opportunity. Please do not approach staff or visit directly without an appointment. (id:66096)
Property Details
- MLS®
- C13108108
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Frontage
- 17 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 179 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 179 days on market, against an average age of 79 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 (University) 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 (M5S)
This home lists at $249,000, about 3.6× the local median household income of $70,000.
Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,000
- Population
- 17,074
- Median age
- 33.2
- Owner / renter
- 36% / 64%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5S)
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$249,000
Toronto