#B6 3101 Kennedy Road East, Toronto (Milliken) - Business for Sale
#B6 3101 Kennedy Road East, Toronto (Milliken), Ontario, M1V0G9
This business in Toronto is for sale offering roughly 1,026 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 111 days.
Description
Exceptional opportunity to own a Spa & Retail Business in a brand-new commercial plaza Gourmet City at a prime Scarborough location. This is currently the only fully renovated spa and retail unit within the entire development. Professionally finished with quality improvements, allowing immediate occupancy and operation while avoiding the time cost, and uncertainty of completing a new build-out. Strategically located at the high-traffic intersection of Kennedy Rd and McNicoll Ave, surrounded by established residential communities, schools, restaurants, shopping centres, and major transportation routes. This unit is ideal for a variety of uses including bakery, Catering/food processing, computer and electronic sale, dry cleaner with on site service, financial institution and more. (id:66096)
Property Details
- MLS®
- E14139152
- Property Type
- Business
- Zoning
- Spa, retail, bakery, medical office and more.
- Interior Size
- 1,026 ft²
- Frontage
- 13 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 2 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 2 days on market, against an average age of 111 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 2 days, which is 109 days fresher than the city average of 111. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1V)
This home lists at $180,000, about 2.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $35,160 (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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$180,000
Toronto