#2 2814 Lakeshore Boulevard West, Toronto (New Toronto) - Business for Sale
#2 2814 Lakeshore Boulevard West, Toronto (New Toronto), Ontario, M8V1H7
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
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.
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?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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)
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$150,000
Toronto