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$79,000
$99,000For salePrice drop↓ $20,000 (20%)

#Main Level 3333 Lakeshore Boulevard West, Toronto (Long Branch) - Business for Sale

#Main Level 3333 Lakeshore Boulevard West, Toronto (Long Branch), Ontario, M8W1N1

Listed 16 days ago
Overview

This business in Toronto is for sale. It has been on the market 16 days, fresher than the Toronto average of 33 days.

Description

Turnkey Greek Restaurant for Sale - Lake Shore Blvd W, Etobicoke. Own an established Greek restaurant on busy Lake Shore Boulevard West in the heart of Long Branch / Toronto. Steps from TTC streetcar service and close to Long Branch GO. The restaurant is about 1 km from Humber Polytechnic's Lakeshore Campus, and close to Colonel Sam Smith Park and the Waterfront Trail. A growing residential area with strong local, student and weekend traffic, and quick access to the Gardiner/QEW and Hwy 427. This fully equipped, ready-to-operate business is ideal for an owner-operator or anyone looking to expand. All equipment is included, so you can take over and start serving from day one. Prime street-front location on Lake Shore Blvd W with strong foot and vehicle traffic, Affordable gross rent of $3,936.17/month including TMI and HST. Lease runs to April 30, 2029. One Washroom. Easy to operate; suits a family business or a first-time owner (id:66096)

Property Details

MLS®
W14096288
Property Type
Business
Business Type
Restaurant
Zoning
Commercail
Heating
Other
Cooling
Fully air conditioned
Property Tax
$5,800/yr
Listed
16 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
16d
Toronto (Long Branch) listings, avg age
33d
List price
$79K

Active: 16 days on market, against an average age of 33 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 (Long Branch) has been listed for 16 days, which is 17 days fresher than the city average of 33. Act while there is still low competition.

Listed by ROYAL LEPAGE PINNACLE REAL ESTATE · FARIS AL-HOYIDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $79,000, about 0.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $15,431 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$95,000
Population
22,381
Median age
41.6
Owner / renter
65% / 36%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$79,000
For sale

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Financing

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$79,000

Toronto

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