#A1 4 Greystone Walk Drive, Toronto (Kennedy Park) - Business for Sale
#A1 4 Greystone Walk Drive, Toronto (Kennedy Park), Ontario, M1K5J2
This business in Toronto is for sale offering roughly 1,040 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 51 days.
Description
Excellent Opportunity To Own And Operate A Well-Established Location At One Of Canada's Largest Bubble Tea Brands. The Only Bubble Tea Shop In The Plaza, Ideally Positioned In A Busy Retail Centre With Ample Parking, Steady Local Traffic, Surrounding High-Density Residential Communities And Many Nearby Schools, Including R.H. King Academy. There Are Multiple Revenue Streams And Growth Opportunities Beyond Regular Beverage Sales, Including A Self-Service Ordering Kiosk, Ice Cream Machine, Desserts, Catering, School Orders And Participation In Major Community Festivals Such As Taste Of Lawrence And Taste Of Asia. We Have Strong Business Models Along With Continued Sales Growth And Opportunities To Improve On Revenue. Approximate Rent Of 4600$ Monthly Includes TMI. All Equipment Included In The Purchase Price. Full Training Provided By The Seller And Franchisor, -Marking This An Excellent Opportunity For Both Experienced Operators And First-Time Business Owners. (id:66096)
Property Details
- MLS®
- E13868292
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 1,040 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $22.3/yr
- Listed
- 29 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 51 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 (Kennedy Park) has been listed for 29 days, which is 22 days fresher than the city average of 51. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1K)
This home lists at $299,000, about 4.1× the local median household income of $72,500.
Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $72,500
- Population
- 48,175
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1K)
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$299,000
Toronto