#114 1886B Queen Street East, Toronto (The Beaches) - Business for Sale
#114 1886B Queen Street East, Toronto (The Beaches), Ontario, M4L1H4
This business in Toronto is for sale. It has been on the market 22 days, fresher than the Toronto average of 48 days.
Description
Excellent Turnkey Business Opportunity In The Heart Of Toronto's Highly Desirable Beaches Community! Currently Operating As Jugo Juice, This Fully Equipped Food And Beverage Location Offers Buyers The Flexibility To Establish Their Own Brand And Business Concept Without The Obligation To Continue With The Existing Franchise. This Beautifully Designed, Approximately 575 Sq. Ft. Open-Concept Space Is Ideal For An Independent Juice Bar, Smoothie Shop, Sandwich Shop, Café, Dessert Shop, Or Other Permitted Food Concept. Current Monthly Rent Is Approximately $4,700 Including TMI, With 3 Years Remaining Plus a 5-Year Renewal Option, subject to landlord approval of a qualified buyer. Sale Includes Premium, Near-New Nella Commercial Kitchen Equipment, Refrigeration Units, Industrial Blenders, Commercial Dishwashing Equipment, A Custom Front-of-House Refrigerated Display Case, And Existing Leasehold Improvements. An Excellent Opportunity For Entrepreneurs Looking To Launch Their Own Brand While Minimizing Initial Setup Costs. Motivated Seller! (id:66096)
Property Details
- MLS®
- E14034622
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 22 days ago
Features
- Appliances
- Dishwasher, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 22 days on market, against an average age of 48 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 (The Beaches) has been listed for 22 days, which is 26 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4L)
This home lists at $60,000, about 0.6× the local median household income of $101,000.
Carrying it typically needs a household income of about $11,720 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $101,000
- Population
- 32,218
- Median age
- 40.8
- Owner / renter
- 61% / 39%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M4L)
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$60,000
Toronto