#A3-A4 4771 Steeles Avenue East, Toronto (Milliken) - Business for Sale
#A3-A4 4771 Steeles Avenue East, Toronto (Milliken), Ontario, M1V4S5
This business in Toronto is for sale offering roughly 2,830 sq ft of space. It has been on the market 58 days, fresher than the Toronto average of 110 days.
Description
Excellent Restaurant Opportunity in Prime Steeles/Midland Location! Newly renovated Chinese restaurant with approximately 110 seats and LLBO license. Features 3 private dining rooms, brand-new equipment, a fully equipped commercial kitchen, and a practical, well-designed layout. Conveniently located with easy access to major roads and ample on-site parking. Reasonable rent with a great setup suitable for a variety of restaurant concepts and cuisines. Turnkey opportunity with excellent potential. Don't miss this rare opportunity! (id:66096)
Property Details
- MLS®
- E13757834
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Restaurant
- Interior Size
- 2,830 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 58 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 58 days on market, against an average age of 110 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 (Milliken) has been listed for 58 days, which is 52 days fresher than the city average of 110. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1V)
This home lists at $299,000, about 3.6× the local median household income of $82,000.
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
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
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$299,000
Toronto