#9 & 10 371 Old Kingston Road, Toronto (Centennial Scarborough) - Business for Sale
#9 & 10 371 Old Kingston Road, Toronto (Centennial Scarborough), Ontario, M1C1B7
This business in Toronto is for sale offering roughly 1,800 sq ft of space.
Description
Great location in older Toronto on Old Kingston Road. Pub, restaurant, bar possible outside patio area. Licensed with LCBO. The property currently has four off-track betting machines. Vendor will do any training required; both owners live in the area. The plaza has been getting busier over the past few years. With the right type of buyer this location could raise the business 2 or 3 fold. (id:66096)
Property Details
- MLS®
- E13629628
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR
- Bathrooms
- 2
- Interior Size
- 1,800 ft²
- Frontage
- 50 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 95 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 95 days on market, against an average age of 47 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 (Centennial Scarborough) 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 (M1C)
This home lists at $99,900, about 0.8× the local median household income of $130,000.
Carrying it typically needs a household income of about $19,514 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $130,000
- Population
- 35,642
- Median age
- 44.4
- Owner / renter
- 89% / 11%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA M1C)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$99,900
Toronto