#. 1768 St Clair Avenue West, Toronto (Weston-Pellam Park) - Business for Sale
#. 1768 St Clair Avenue West, Toronto (Weston-Pellam Park), Ontario, M6N1J3
This business in Toronto is for sale offering roughly 2,000 sq ft of space.
Description
Located In A Vibrant, Multicultural Neighbourhood With High Residential Density And Ongoing Development, This Well-Maintained Property Offers Exceptional Visibility And Prime Positioning Just Minutes From Stock Yards Village. Surrounded By Big-Box Retailers, Dining Establishments, And Thousands Of Future Residential Units, The Area Is Poised For Significant Growth. The Spacious Building Approximately 3,000 Sq. Ft. Including The Basement, And Features Two Rear Parking Spots, TTC Access At The Doorstep, And Private Front Access To 2-Bedroom Apartment On The Upper Level With A Large Deck. Situated Near The Upcoming St. Clair-Old Weston Metrolinx UP Station, The Property Benefits From Excellent Transit Connectivity And Walkability. The Sale Includes A Fully Operational 45-Seat Restaurant On The Main Floor, Complete With A Fully Equipped Commercial Kitchen, Walk-In Fridge, Walk-In Cooler, And Private Rear Laneway Access. With No Use Restrictions, The Space Is Ideal For Rebranding Into Any Cuisine, Concept, Or Franchise. The Efficient Layout And Proven Menu Make It Perfect For Owner-Operators Or Family-Run Ventures. This Rare Live/Work Opportunity Allows You To Own A Thriving Restaurant While Residing On-Site In One Of Toronto's Most Dynamic And Rapidly Evolving Communities. (id:66096)
Property Details
- MLS®
- W13440394
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR3(c1;r2.5*1584)
- Bathrooms
- 4
- Parking
- 2
- Interior Size
- 2,000 ft²
- Lot Size
- 16 × 103 ft (1,640 sq ft)
- Frontage
- 15 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $10,696.23/yr
- Listed
- 145 days ago
Features
- Appliances
- Water Heater
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 145 days on market, against an average age of 56 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 (Weston-Pellam Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6N)
This home lists at $1,388,000, about 18.4× the local median household income of $75,500.
Carrying it typically needs a household income of about $271,125 (20% down, 25-yr amortization, stress-tested) — roughly 259% above the area median.
- Median household income
- $75,500
- Population
- 40,252
- Median age
- 40.8
- Owner / renter
- 58% / 42%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M6N)
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$1,388,000
Toronto