#16 1960 Lawrence Avenue East, Toronto (Wexford-Maryvale) - Business for Sale
#16 1960 Lawrence Avenue East, Toronto (Wexford-Maryvale), Ontario, M1R2Z1
This business in Toronto is for sale offering roughly 1,120 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 46 days.
Description
Fully Equipped Restaurant located in Very High Traffic Plaza With Ample Parking At Lawrence And Warden. Lots Of Potential To Grow. Surrounded By Condos & Commercial Retails. Great Opportunity To Own An Established And Profitable Business. Monthly sales around 35k. Rent monthly $6045.50 including tmi HST and garbage. lease 2 years plus 2 years. (id:66096)
Property Details
- MLS®
- E14130622
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,120 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 6 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 6 days on market, against an average age of 46 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 (Wexford-Maryvale) has been listed for 6 days, which is 40 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1R)
This home lists at $98,000, about 1.2× the local median household income of $81,000.
Carrying it typically needs a household income of about $19,143 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 30,467
- Median age
- 41.2
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA M1R)
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$98,000
Toronto