#103 4800 Dufferin Street, Toronto (York University Heights) - Business for Sale
#103 4800 Dufferin Street, Toronto (York University Heights), Ontario, M3H5S8
This business in Toronto is for sale. It has been on the market 58 days, fresher than the Toronto average of 66 days.
Description
Outstanding Opportunity To Own An Established, Fully Equipped Café/Restaurant With A REMARKABLY LOW MONTHLY RENT OF $3,751.78, Including TMI & HST! The Perfect Work-Life Balance! Operating 5 days a week from 7:00 AM to 5:00 PM, this turn-key business captures the lucrative daytime breakfast and lunch crowd while guaranteeing the owner every Saturday and Sunday off. Lease In Place Until August 2029 With An Additional 5-Year Option To Renew, Providing Long-Term Stability And Flexibility For The New Owner. Located In A Prominent Commercial Complex Surrounded By Established Businesses And Corporate Offices, This Turnkey Operation Offers The Flexibility To Continue The Existing Business Or Introduce A New Concept. The Business Is Currently Operating And Fully Set Up, With A Commercial Kitchen Featuring A 10" Hood, Pizza Oven And Extensive Kitchen Equipment. The Substantial Equipment And Existing Infrastructure Provide An Excellent Foundation For An Owner-Operator Or Food-Service Entrepreneur. The Space Offers Approximately 30 Indoor Seats Plus A 24-Seat Outdoor Patio, Creating An Attractive And Versatile Setting For A Wide Range Of Food-Service Concepts. Garbage Collection Is Approximately $100/Month. This Opportunity Offers A New Owner The Ability To Step Into An Established Food-Service Environment And Shape It Around Their Own Concept And Business Goals. (id:66096)
Property Details
- MLS®
- W13751718
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 58 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 58 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 (York University Heights) has been listed for 58 days, which is 8 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 (M3H)
This home lists at $270,000, about 2.9× the local median household income of $92,000.
Carrying it typically needs a household income of about $52,740 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $92,000
- Population
- 38,416
- Median age
- 40.8
- Owner / renter
- 54% / 46%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA M3H)
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$270,000
Toronto