#485 485 Mcnicoll Avenue, Toronto (Hillcrest Village) - Business for Sale
#485 485 Mcnicoll Avenue, Toronto (Hillcrest Village), Ontario, M2H2C9
This business in Toronto is for sale offering roughly 4,913 sq ft of space.
Description
***Two Trucks And Great Woodworking & Cabinet manufacturing business For Sale***Specializing in custom modern cabinetry, closets, wall units, vanities, and solid wood millwork, this fully equipped shop is ready for immediate operation. The prime industrial unit features truck-level shipping and is strategically located near the highly accessible intersection of Hwy 404 and Hwy 401. Features an office and showroom area plus a well-organized industrial workshop equipped with quality machinery, and tools. Excellent lease terms with low rent of only $4913 + HST (TMI not included). Lease secured until March 31, 2027 with a 5-year renewal option. The retiring seller is willing to stay on temporarily to provide training, ensuring a seamless transition. An ideal acquisition for an entrepreneur looking to start or expand in the industry! Free Parking in Front Of Premises. Real Shipping Area Can Accommodate Mid Size(size 3) Trucks. (id:66096)
Property Details
- MLS®
- C13093874
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Industrial, Retail
- Interior Size
- 4,913 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $4.1/yr
- Listed
- 182 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 182 days on market, against an average age of 59 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 (Hillcrest Village) 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 (M2H)
This home lists at $320,000, about 3.5× the local median household income of $91,000.
Carrying it typically needs a household income of about $62,507 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 23,396
- Median age
- 48
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M2H)
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$320,000
Toronto