#Lower 45 Baldwin Street, Toronto (Kensington-Chinatown) - Business for Sale
#Lower 45 Baldwin Street, Toronto (Kensington-Chinatown), Ontario, M5T1L1
This business in Toronto is for sale offering roughly 1,500 sq ft of space.
Description
Turnkey Restaurant Opportunity In A Prime Downtown Toronto Location! Ideally Situated Just Steps From The University Of Toronto, OCAD University, Hospitals, Offices And High-Density Residential Neighbourhoods. This Well-Established Restaurant Offers Approximately 1,500 Sq. Ft. With Seating For 34 Guests And An LLBO Licence. A Rare Opportunity To Take Over An Existing Restaurant Operation With An Exceptionally Affordable Rent Of Only $3,086.99/Month Including TMI. Functional Layout With Excellent Potential To Continue The Current Concept Or Convert To Another Restaurant Concept, Subject To Landlord Approval. Ideal For Both Experienced Operators And New Entrepreneurs Looking To Establish A Presence In One Of Downtown Toronto's Most Desirable And High-Traffic Areas. Owner Retiring. Excellent Value And Priced To Sell! (id:66096)
Property Details
- MLS®
- C13553440
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,500 ft²
- Frontage
- 17 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 116 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 116 days on market, against an average age of 81 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 (Kensington-Chinatown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $150,000, about 2.4× the local median household income of $61,600.
Carrying it typically needs a household income of about $29,300 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$150,000
Toronto