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$150,000
$199,000For salePrice drop↓ $49,000 (25%)

#2 2814 Lakeshore Boulevard West, Toronto (New Toronto) - Business for Sale

#2 2814 Lakeshore Boulevard West, Toronto (New Toronto), Ontario, M8V1H7

2 baths3,937 ft²Listed 101 days ago
Overview

This business in Toronto is for sale offering roughly 3,937 sq ft of space.

Description

Exceptional opportunity to acquire a well-established and profitable Halibut House Fish & Chips franchise in the heart of South Etobicoke. Successfully operating for over 10 years, this turnkey business offers a proven track record, loyal clientele, strong repeat customer base, and immediate income from day one. Boasting approximately 3,037 sq. ft. on the main level plus an additional 900 sq. ft. of functional basement space for storage and operations, the restaurant is fully equipped with quality leasehold improvements and commercial kitchen equipment. Strategically located on high-exposure Lake Shore Blvd W, the business benefits from excellent visibility, steady vehicle and pedestrian traffic, and is surrounded by established residential neighbourhoods, numerous condominium developments, schools, parks, offices, and local businesses. Conveniently located just minutes from Humber College - Lakeshore Campus, the Gardiner Expressway, TTC, and the vibrant Lake Ontario waterfront, this location enjoys a diverse and growing customer base consisting of local residents, professionals, students, and visitors. Strong demographics, continuous residential growth, and a recognized franchise brand provide excellent stability with further upside potential through expanded catering, delivery, and extended operating hours. An outstanding opportunity for owner-operators, families, or investors seeking a successful, established restaurant with a proven business model in one of Toronto's most desirable and rapidly growing communities. (id:66096)

Property Details

MLS®
W13607236
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
2
Interior Size
3,937 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$3,214/yr
Listed
101 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
101d
Toronto (New Toronto) listings, avg age
78d
Price / ft²
$38
List price
$150K

Long Listed: 101 days on market, against an average age of 78 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 (New Toronto) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by SKYBOUND REALTY · BRIAN THOMSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $150,000, about 1.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $29,300 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$79,000
Population
44,144
Median age
40
Owner / renter
49% / 51%
Avg. household size
1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$150,000· $38/ft²
For sale

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Financing

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$150,000

Toronto

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