#206 6365 Yonge Street, Toronto (Newtonbrook East) - Business for Sale
#206 6365 Yonge Street, Toronto (Newtonbrook East), Ontario, M2M3X8
This business in Toronto is for sale. It has been on the market 2 days, fresher than the Toronto average of 68 days.
Description
Turnkey Money Exchange Business - Appliances Included! Excellent opportunity to own an established money exchange business in a highly desirable location of North York, at Yonge & Steeles. Situated in a prime, high-traffic area with excellent visibility and a strong customer base. The business benefits from a large and loyal clientele, consistent customer traffic, and an excellent location with significant exposure. Ideal opportunity for investors or entrepreneurs looking to acquire an established business with existing monthly income and growth potential. $3,200 Monthly rent including TMI, and All utilities. (id:66096)
Property Details
- MLS®
- C14138460
- Property Type
- Business
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3,200/yr
- Listed
- 2 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 2 days on market, against an average age of 68 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 (Newtonbrook East) has been listed for 2 days, which is 66 days fresher than the city average of 68. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2M)
This home lists at $125,000, about 1.5× the local median household income of $81,000.
Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 31,915
- Median age
- 44.4
- Owner / renter
- 58% / 43%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M2M)
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$125,000
Toronto