haho.ca
$335,000
For sale

#2 70 Belfield Road, Toronto (West Humber-Clairville) - Business for Sale

#2 70 Belfield Road, Toronto (West Humber-Clairville), Ontario, M9W1G3

2 baths8 parking4,800 ft²Listed 184 days ago
Overview

This business in Toronto is for sale offering roughly 4,800 sq ft of space.

Description

Well-established kitchen cabinet and woodworking business for sale, successfully operating from the same premises for over 20 years. Excellent opportunity to acquire a turn-key operation specializing in custom kitchen cabinets, closets, wall units, and vanities.Ideally located near Hwy 409 and Hwy 401, this highly accessible location offers great convenience for client visits, deliveries, and day-to-day operations. The business benefits from very affordable rent of only $6,100 + HST, including TMI.Over the years, the business has built strong relationships with multiple builders and regularly supplies bulk cabinetry and vanities for new residential developments. The facility is fully equipped with all required machinery, equipment, and inventory, including a professionally installed, city-approved spray booth, a rare and valuable feature for this industry.A well-designed showroom is also in place, featuring custom kitchen and bedroom displays to showcase the quality of work to clients. The premises further include two functional truck-level shipping and receiving docks for easy loading and receiving.All equipment, machinery, and inventory are included in the sale, making this a true turn-key business ready for immediate operation. The seller is retiring but is willing to stay on temporarily to provide training and introduce the buyer to existing clients for a smooth transition.Ideal for an entrepreneur looking to enter the industry or an existing operator wanting to expand. Sale of business only. Premises are leased and subject to landlord approval. (id:66096)

Property Details

MLS®
W13080302
Property Type
Business
Business Type
Retail and Wholesale
Zoning
E
Bathrooms
2
Parking
8
Interior Size
4,800 ft²
Heating
Radiant heat
Cooling
Partially air conditioned
Property Tax
$4.25/yr
Listed
184 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
184d
Toronto (West Humber-Clairville) listings, avg age
60d
Price / ft²
$70
List price
$335K

Long Listed: 184 days on market, against an average age of 60 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 (West Humber-Clairville) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE SILVERCITY REALTY INC. · HARP GREWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $335,000, about 3.9× the local median household income of $85,000.

Carrying it typically needs a household income of about $65,437 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$85,000
Population
40,977
Median age
38.8
Owner / renter
58% / 42%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$335,000· $70/ft²
For sale

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$335,000

Toronto

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