#37 3300 Midland Avenue, Toronto (Milliken) - Business for Sale
#37 3300 Midland Avenue, Toronto (Milliken), Ontario, M1V4A1
This business in Toronto is for sale offering roughly 1,458 sq ft of space.
Description
Excellent turnkey opportunity to own a well-known drinks and café business located at Scarborough Village Mall, adjacent to SkyCity Shopping Centre. Strategically positioned in a busy commercial area surrounded by retail stores, restaurants, industrial businesses, and professional offices, offering strong customer traffic and excellent exposure. Approx. 1,458 sq. ft. with existing renovations and fully equipped setup included in the sale price. Currently operating as a drinks and food shop with established infrastructure already in place, making it easy for a new owner to take over and start operating immediately. Affordable gross rent of $10,500/month including TMI & HST. (id:66096)
Property Details
- MLS®
- E13120186
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,458 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 176 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 176 days on market, against an average age of 110 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 (Milliken) 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 (M1V)
This home lists at $180,000, about 2.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $35,160 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
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$180,000
Toronto