#8 62 Overlea Boulevard, Toronto (Thorncliffe Park) - Business for Sale
#8 62 Overlea Boulevard, Toronto (Thorncliffe Park), Ontario, M4H1C4
Description
Situated in a strip plaza, this Chinese Hakka restaurant is available for a new buyer to take over or rebrand. It features ample sunlight andexcellent corner exposure. Conveniently located minutes from Don Valley Parkway and with Costco nearby. The surrounding area is undergoingsignificant development. The space includes a full kitchen equipped with a 16 to 18-foot hood and a walk-in cooler. (id:66096)
Property Details
- MLS®
- C13735454
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 64 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 64 days on market, against an average age of 43 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 (Thorncliffe Park) 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 (M4H)
This home lists at $149,000, about 2.3× the local median household income of $64,500.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $64,500
- Population
- 18,698
- Median age
- 34
- Owner / renter
- 10% / 90%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA M4H)
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$149,000
Toronto