haho.ca
$259,000
For sale

#3 228 Queens Quay West, Toronto (Waterfront Communities) - Business for Sale

#3 228 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2X1

500 ft²Listed 41 days ago
Overview

This business in Toronto is for sale offering roughly 500 sq ft of space. It has been on the market 41 days, fresher than the Toronto average of 57 days.

Description

LOCATION! LOCATION! LOCATION! Excellent opportunity to acquire KOKO Vision, an established and turnkey optical business at 228 Queens Quay W, in Toronto's highly desirable waterfront community. Prime downtown location surrounded by high-rise condos, offices, hotels, restaurants and major waterfront attractions, offering excellent visibility and exposure to residents, professionals and visitors. Professionally designed retail space with an attractive showroom and functional layout. Offering prescription eyewear, designer frames, sunglasses, lenses and related optical products and services. Ideal for an optician, owner-operator, entrepreneur or existing optical business looking to expand into a premium Toronto location. Established operation with excellent potential for continued growth. Prime Waterfront Location Turnkey Business Established Operation Excellent Exposure Professional Retail Setup Growth Potential Please do not approach employees. All inquiries and showings through the Listing Representative. Additional business and financial information available to qualified buyers, subject to confidentiality requirements. (id:66096)

Property Details

MLS®
C13824676
Property Type
Business
Business Type
Service
Zoning
COMMERCIAL
Interior Size
500 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$12,450.36/yr
Listed
41 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
41d
Toronto (Waterfront Communities) listings, avg age
57d
Price / ft²
$518
List price
$259K

Extended: 41 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.

Haho

This business in Toronto (Waterfront Communities) has been listed for 41 days, which is 16 days fresher than the city average of 57. Act while there is still low competition.

Listed by RE/MAX REAL ESTATE CENTRE INC. · FARHAN M SYED

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $259,000, about 2.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $50,592 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$94,000
Population
16,879
Median age
33.6
Owner / renter
43% / 57%
Avg. household size
1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$259,000· $518/ft²
For sale

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Financing

Buying this business?

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$259,000

Toronto

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