#108D 233 College Street, Toronto (Kensington-Chinatown) - Business for Sale
#108D 233 College Street, Toronto (Kensington-Chinatown), Ontario, M5T1R4
This business in Toronto is for sale offering roughly 977 sq ft of space. It has been on the market 71 days, fresher than the Toronto average of 81 days.
Description
Turnkey Tahini's Mediterranean Fusion Shawarmas Franchise For Sale - Prime Downtown Toronto Location. An Exceptional Opportunity To Acquire A Profitable, Well-Established Tahini Shawarma Franchise In The Heart Of Downtown Toronto. Ideally Situated At The High-Traffic Intersection Of College St & Spadina, This Location Offers Unmatched Exposure And A Steady Stream Of Both Local And Tourist Foot Traffic. Unbeatable Location Steps From University of Toronto, Kensington Market, Chinatown, And major downtown attractions. Positioned In A Vibrant, High-Density Area With Strong Daytime And Evening Customer Flow. Key Highlights: Prime Location: A Popular Spot For Middle Eastern, Mediterranean Cuisine. Strong Financial Performance: Weekly Sales: $12,000-$13,000 (and growing)Rent: Approx. $8,264/month inc. TMI Long Lease: Existing Term Till 2033 + 5 + 5 Years Royalty Fee: 5%Advertising Fee: 2%Store Area: Approx. 977 Sq Feet. Don't Miss This Rare Opportunity To Own A Profitable And Growing Franchise In A Thriving Location! (id:66096)
Property Details
- MLS®
- C13717382
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 977 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 71 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 71 days on market, against an average age of 81 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 (Kensington-Chinatown) has been listed for 71 days, which is 10 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $350,000, about 5.7× the local median household income of $61,600.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$350,000
Toronto