#1B 2901 Kennedy Road, Toronto (Milliken) - Business for Sale
#1B 2901 Kennedy Road, Toronto (Milliken), Ontario, M1V1S8
This business in Toronto is for sale offering roughly 3,142 sq ft of space.
Description
ALLOWS FOR RESTAURANT USE. Turnkey, high-profit sing-along lounge/restaurant in the GTA! A local favorite with loyal customers and strong, steady cash flow. Features a large private party room for up to 19 guests with its own bathroom, plus a lively open lounge with full-service bar, vibrant lighting, LCD projector, and brand-new BOSE sound system. Includes accessible, men's, and women's washrooms, and plenty of parking. Proven, profitable, and ready for you to take over-rare opportunity! (id:66096)
Property Details
- MLS®
- E12937366
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Interior Size
- 3,142 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Garage
- Other
- Property Tax
- $45,000/yr
- Listed
- 219 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 219 days on market, against an average age of 110 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 (Milliken) 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 (M1V)
This home lists at $180,000, about 2.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $35,160 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
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$180,000
Toronto