#3 5 St Joseph Street, Toronto (Bay Street Corridor) - Business for Sale
#3 5 St Joseph Street, Toronto (Bay Street Corridor), Ontario, M4Y0B6
This business in Toronto is for sale offering roughly 1,143 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 60 days.
Description
An exciting opportunity to own a turnkey business in the heart of Downtown Toronto! Located at 5 St. Joseph Street, The Alley occupies a prime location surrounded by high-density residential buildings, university students, offices, and a vibrant mix of shops and restaurants. Enjoy excellent exposure in a high-foot-traffic area with a steady flow of students, residents, and professionals throughout the day. The existing bubble tea operation offers a ready-to-go setup, ideal for entrepreneurs looking to establish themselves in one ofToronto's busiest downtown neighbourhoods. Alternatively, explore the potential for a new business concept with multiple permitted uses, subject to landlord approval. Flexible leasing opportunities include assuming the existing lease or negotiating new terms directly with the landlord. Whether you're looking to continue an established brand or bring your own vision to life, this location offers an excellent opportunity to make your mark in Downtown Toronto! (id:66096)
Property Details
- MLS®
- C14149966
- Property Type
- Business
- Zoning
- Food Service
- Interior Size
- 1,143 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Garage
- Underground
- Listed
- Today
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 0 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.
This business in Toronto (Bay Street Corridor) has been listed for 0 days, which is 60 days fresher than the city average of 60. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4Y)
This home lists at $99,000, about 1.6× the local median household income of $62,400.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $62,400
- Population
- 36,319
- Median age
- 33.2
- Owner / renter
- 29% / 72%
- Avg. household size
- 1.5
Source: Statistics Canada, 2021 Census (FSA M4Y)
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$99,000
Toronto