#208 401 Richmond Street West, Toronto (Waterfront Communities) - Business for Sale
#208 401 Richmond Street West, Toronto (Waterfront Communities), Ontario, M5V3A8
Description
An exceptional opportunity to own one of Toronto's most established print businesses in the heart of the city's creative community. For over 30 years, this family-owned company has built an outstanding reputation for quality craftsmanship, reliability, and personalized service. Located at the iconic 401 Richmond Street West, a landmark destination for artists, galleries, designers, and creative businesses, this turnkey operation is perfectly positioned for its next chapter. Lease term can be extended for another 3 years. Landlord to review any new tenant. (id:66096)
Property Details
- MLS®
- C13528952
- Property Type
- Business
- Zoning
- Commercial
- Cooling
- Fully air conditioned
- Property Tax
- $231.13/yr
- Listed
- 122 days ago
Features
- Lot Features
- Elevator
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 122 days on market, against an average age of 57 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 (Waterfront Communities) 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 (M5V)
This home lists at $290,000, about 3.2× the local median household income of $91,000.
Carrying it typically needs a household income of about $56,647 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$290,000
Toronto