haho.ca
$149,000
For sale

#B1 1960 Lawrence Avenue East, Toronto (Wexford-Maryvale) - Business for Sale

#B1 1960 Lawrence Avenue East, Toronto (Wexford-Maryvale), Ontario, L1G0C2

2 baths1,200 ft²Listed 9 days ago
Overview

This business in Toronto is for sale offering roughly 1,200 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 46 days.

Description

Rare Opportunity - Prime Lawrence & Warden Location! Excellent Opportunity For Middle Eastern Cuisine! Perfectly laid-out restaurant, built just one year ago, With Almost Everything In Like-New Condition. Features Two Exhaust Hoods: A 6-foot hood in the front for open cooking and a 12 Foot Hood In The Back For Larger Cooking Operations. Fully Equipped Kitchen With A Walk-In Cooler And All Necessary Equipment In Place.30 Seat Dining Area, Plenty Of Plaza Parking, And A Rear Door For Deliveries. Ideal for Dine-In, Takeout, And Catering Operations! Rent: $5,700 (TMI & HST Included) 3 Years + 3-Year Renewal Option (id:66096)

Property Details

MLS®
E14117226
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
2
Interior Size
1,200 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
9 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
9d
Toronto (Wexford-Maryvale) listings, avg age
46d
Price / ft²
$124
List price
$149K

Active: 9 days on market, against an average age of 46 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.

Haho

This business in Toronto (Wexford-Maryvale) has been listed for 9 days, which is 37 days fresher than the city average of 46. Act while there is still low competition.

Listed by REON HOMES REALTY INC. · ANANTH PONNAIAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1G)

This home lists at $149,000, about 2.0× the local median household income of $75,500.

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
$75,500
Population
43,497
Median age
43.2
Owner / renter
56% / 44%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA L1G)

$149,000· $124/ft²
For sale

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Financing

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$149,000

Toronto

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