#3 890 Yonge Street, Toronto (Annex) - Business for Sale
#3 890 Yonge Street, Toronto (Annex), Ontario, M4W3P4
This business in Toronto is for sale. It has been on the market 6 days, fresher than the Toronto average of 58 days.
Description
LOCATION! LOCATION! LOCATION! Prime Yorkville Retail Opportunity! Turnkey optical store available for acquisition at the prestigious intersection of Yonge Street and Davenport Road. This beautifully situated business benefits from excellent foot traffic and high-end neighborhood demographics. The current gross rent is an exceptionally competitive $3,500 per month, completely inclusive of HST, and the landlord is prepared to issue a brand-new lease to the incoming tenant. Perfect for an optometrist, optician, or retail entrepreneur looking to establish an immediate footprint in Toronto's premier shopping and residential district. (id:66096)
Property Details
- MLS®
- C14130072
- Property Type
- Business
- Zoning
- Commercial Retail
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 6 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 6 days on market, against an average age of 58 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 (Annex) has been listed for 6 days, which is 52 days fresher than the city average of 58. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4W)
This home lists at $110,000, about 1.1× the local median household income of $104,000.
Carrying it typically needs a household income of about $21,487 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $104,000
- Population
- 15,296
- Median age
- 44.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M4W)
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 →
$110,000
Toronto