#106 - 110 390 Silver Star Boulevard, Toronto (Milliken) - Business for Sale
#106 - 110 390 Silver Star Boulevard, Toronto (Milliken), Ontario, M1V0G5
This business in Toronto is for sale. It has been on the market 107 days, fresher than the Toronto average of 110 days.
Description
Prime opportunity to acquire a fully equipped music restaurant and bar business in an excellent Scarborough location. Situated directly across from Asia Foodmart, one of the GTA's largest 24-hour Asian supermarkets, offering outstanding visibility, strong pedestrian traffic and a lively commercial environment supported by a diverse mix of businesses within the plaza. Five connected units provide approximately 4,850 sq. ft. of spacious interior space with seating for over 100 guests. Features a newly built commercial kitchen and professional audio, visual and lighting systems, ideal for dining, live music, private events and entertainment. Liquor licence provides additional revenue potential. Excellent long-term 5+5-year lease offers stability for the new owner. The plaza also offers ample parking for customers and guests. Great turnkey opportunity in a high-traffic location. (id:66096)
Property Details
- MLS®
- E13585440
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Retail
- Frontage
- 80 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 107 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 107 days on market, against an average age of 110 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 (Milliken) has been listed for 107 days, which is 3 days fresher than the city average of 110. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1V)
This home lists at $399,000, about 4.9× the local median household income of $82,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
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$399,000
Toronto