haho.ca
$600,000
For sale

#16 1960 Ellesmere Road, Toronto (Woburn) - Business for Sale

#16 1960 Ellesmere Road, Toronto (Woburn), Ontario, M1H2V9

3,000 ft²Listed 105 days ago
Overview

This business in Toronto is for sale offering roughly 3,000 sq ft of space.

Description

Welcome to Wright Custom Cabinetry Inc. An Excellent opportunity to acquire a well-established kitchen cabinet manufacturing business in a prime Scarborough location. Located at 1960 Ellesmere Road, Unit 16, this fully operational business occupies approximately 3,000 sq. ft. and has been serving builders, contractors, renovators, and retail customers for over five years.The business includes over $500,000 worth of manufacturing equipment (as stated by the seller), including a CNC machine, edge bander, hydraulic cold press, industrial table saw, forklift, dust collection systems, compressor, office furniture, computers, and numerous additional tools required for day-to-day operations. Inventory is included in the purchase price. The seller is willing to provide training to facilitate a smooth transition. Favorable lease in place with current rent of $4,056/month including TMI & HST, with the lease extending to May 2029 and 5 Years renewal options available (subject to landlord approval where applicable). Shipping and receiving facilities, loading access, and ample plaza parking are available.The seller advises that the business has an established customer base with a high percentage of repeat clients. Seller states annual gross revenue exceeded $1.1 million in 2025. All financial information is provided by the seller and is subject to buyer verification during the due diligence period.Financial statements and additional business information are available to qualified buyers upon execution of a Confidentiality Agreement (NDA) and during the due diligence period. Buyer to verify all measurements, financial information, equipment values, inventory, lease terms, and all other details independently.For a complete list of included equipment, inventory, and chattels, please refer to Schedule C. (id:66096)

Property Details

MLS®
E13593938
Property Type
Business
Business Type
Manufacturing
Zoning
Industrial
Interior Size
3,000 ft²
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Listed
105 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
105d
Toronto (Woburn) listings, avg age
61d
Price / ft²
$200
List price
$600K

Long Listed: 105 days on market, against an average age of 61 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.

Haho

This business in Toronto (Woburn) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by REALTY 21 INC. · HISHAM UDDIN CHISTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $600,000, about 7.5× the local median household income of $80,000.

Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income
$80,000
Population
23,964
Median age
38.4
Owner / renter
62% / 38%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$600,000· $200/ft²
For sale

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Financing

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$600,000

Toronto

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