#2 501 North Alliance Avenue, Toronto (Rockcliffe-Smythe) - Business for Sale
#2 501 North Alliance Avenue, Toronto (Rockcliffe-Smythe), Ontario, M6N2J1
This business in Toronto is for sale offering roughly 20,000 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 48 days.
Description
Banquet Hall Business For Sale only. Highly lucrative business located in a prime location near the Stockyards in Toronto with 800+ person capacity. Full-size restaurant/catering kitchen & ample parking. Fully licensed LCBO and Business License. 10-year term lease in place.SALE OF BUSINESS ONLY (id:66096)
Property Details
- MLS®
- W13882516
- Property Type
- Business
- Business Type
- Special Purpose
- Zoning
- Commercial
- Interior Size
- 20,000 ft²
- Building Area
- 20,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 28 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 28 days on market, against an average age of 48 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 (Rockcliffe-Smythe) has been listed for 28 days, which is 20 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6N)
This home lists at $1,200,000, about 15.9× the local median household income of $75,500.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 210% 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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$1,200,000
Toronto