#2 3155 Markham Road, Toronto (Rouge) - Business for Sale
#2 3155 Markham Road, Toronto (Rouge), Ontario, M1X0B5
This business in Toronto is for sale. It has been on the market 43 days, fresher than the Toronto average of 53 days.
Description
Approx. 1,400 Sq. Ft. of professionally built-out restaurant space in a high exposure location on busy Markham Rd. Surrounded by residential communities, retail, schools, and everyday amenities. A rare opportunity to step into a fully equipped restaurant-ready space with hundreds of thousands invested into the buildout. Designed for efficient food service operations with extensive leasehold improvements already in place, making it ideal for an owner operator, franchise, or new food concept. Avoid the time, cost, and complexity of building from scratch. Excellent opportunity for entrepreneurs looking to establish or expand a food business in a proven commercial location. (id:66096)
Property Details
- MLS®
- E13813578
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- M-8 Employment District
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 43 days ago
Features
- Appliances
- Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 43 days on market, against an average age of 53 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 (Rouge) has been listed for 43 days, which is 10 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1X)
This home lists at $399,000, about 3.3× the local median household income of $122,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $122,000
- Population
- 14,810
- Median age
- 38.4
- Owner / renter
- 88% / 12%
- Avg. household size
- 4
Source: Statistics Canada, 2021 Census (FSA M1X)
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$399,000
Toronto