#B3 3365 Steeles Ave E Avenue, Toronto (Hillcrest Village) - Business for Sale
#B3 3365 Steeles Ave E Avenue, Toronto (Hillcrest Village), Ontario, M2H3S8
This business in Toronto is for sale offering roughly 983 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 59 days.
Description
Fantastic opportunity to own a well-known Kung Fu Tea franchise in a busy commercial area with strong foot traffic. This modern, fully built-out store is equipped with professional tools and a stylish interior, allowing a new owner to take over and start operating immediately.Perfect for an owner-operator or family business, this location benefits from established brand recognition, loyal customers, and strong demand in the growing bubble tea market. The franchise provides training, operational systems, and supplier support, making it easier for new owners to run the business successfully.Turnkey opportunity with everything in place. A great chance to step into an established brand rather than starting from scratch. Can be sold with or without franchise.EXTRAS: Sale includes all assets of the business, equipment, and leasehold improvements. Inventory not included. (id:66096)
Property Details
- MLS®
- C13846516
- Property Type
- Business
- Zoning
- Commercial/ Retail
- Interior Size
- 983 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 36 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 36 days on market, against an average age of 59 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 (Hillcrest Village) has been listed for 36 days, which is 23 days fresher than the city average of 59. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M2H)
This home lists at $88,888, about 1.0× the local median household income of $91,000.
Carrying it typically needs a household income of about $17,363 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 23,396
- Median age
- 48
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M2H)
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$88,888
Toronto