#73 1530 Albion Road, Toronto (Mount Olive-Silverstone-Jamestown) - Business for Sale
#73 1530 Albion Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V1B4
This business in Toronto is for sale offering roughly 1,047 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 63 days.
Description
Excellent opportunity to acquire a 35 year+ established jewellery and gift business, ideally located in The Albion Centre (formerly Albion Mall), a longstanding and well-known community shopping destination in Etobicoke. Positioned within a busy retail environment at Albion Rd and Finch Ave W, the business benefits from excellent exposure and steady customer activity from the diverse mix of national retailers, restaurants, services and everyday-needs businesses. Anchored by major retailers including Canadian Tire, No Frills, Shoppers Drug Mart and Dollarama, attracting a broad and consistent customer base from the surrounding residential community. The business is also recognized as an authorized Citizen Watch retailer, providing an established brand relationship and additional credibility. Ideal for an owner-operator, investor or entrepreneur seeking an established retail business in a highly accessible and well-established location. Opportunity to build upon the existing operation, expand product offerings and services, and further develop its customer base. Financial information available to qualified purchasers upon execution of a confidentiality agreement. A rare opportunity to take over an established retail operation in one of Etobicoke's established shopping destinations! (id:66096)
Property Details
- MLS®
- W13795520
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 1,047 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 48 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 48 days on market, against an average age of 63 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 (Mount Olive-Silverstone-Jamestown) has been listed for 48 days, which is 15 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9V)
This home lists at $248,888, about 3.0× the local median household income of $82,000.
Carrying it typically needs a household income of about $48,617 (20% down, 25-yr amortization, stress-tested) — within reach of 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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$248,888
Toronto