#43 1770 Albion Road, Toronto (West Humber-Clairville) - Business for Sale
#43 1770 Albion Road, Toronto (West Humber-Clairville), Ontario, M9V1C2
Description
Established turnkey restaurant in a high-traffic location at Albion Rd. & Hwy. 27. Approximately 1,970 Sq. Ft. with a 24-foot commercial hood and low rent of $5,500/month including TMI. 5+5 year lease term. Suitable for restaurant, central kitchen, or catering operations. Loyal customer base with excellent growth potential. Seller prefers an experienced food industry operator. Option to purchase the business with the property at market value. (id:66096)
Property Details
- MLS®
- W13737746
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $7,872.02/yr
- Listed
- 63 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 63 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 (West Humber-Clairville) 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 (M9V)
This home lists at $450,000, about 5.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.
- Median household income
- $82,000
- Population
- 53,878
- Median age
- 37.2
- Owner / renter
- 54% / 46%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M9V)
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$450,000
Toronto