#Unit 9 86 Melford Drive, Toronto (Malvern) - Business for Sale
#Unit 9 86 Melford Drive, Toronto (Malvern), Ontario, M1B2X7
This business in Toronto is for sale offering roughly 1,200 sq ft of space.
Description
Here is the revised listing with the mezzanine and **PAINT BOOTH POSSIBLE** added:**PRICE REDUCED - TURNKEY CABINET MANUFACTURING BUSINESS | $40,000 | RENT $3,200 INCLUDING TMI & HST**Rare opportunity to purchase a fully equipped custom cabinet and millwork business in Toronto for only **$40,000**. Monthly rent is only **$3,200, including TMI and HST**. **PAINT BOOTH POSSIBLE.** The business has been operating successfully for over **six years** and is ready for a new owner.The business specializes in custom kitchen cabinets, vanities, closets, wardrobes, wall units and millwork. All equipment required for the operation is included in the sale.The unit includes approximately **1,200 sq. ft.**, plus an additional **400 sq. ft. mezzanine**. The mezzanine is not included in the 1,200 sq. ft.The owner is willing to provide training, assist with the transition and introduce the buyer to suppliers and key industry contacts. Financing may also be available.The industrial unit permits woodworking and may accommodate spray painting or a paint booth, subject to required approvals. The space includes high ceilings, a drive-in shipping door, front and rear access, three dedicated parking spaces and overnight parking.Conveniently located near Highway 401 and Neilson Road.Ideal for cabinet makers, contractors, renovators, entrepreneurs or an existing cabinet company looking to expand.**Six years of successful operation. Equipment included. Rent only $3,200 including TMI and HST. Additional 400 sq. ft. mezzanine. Business price reduced to ***$40,000 for a quick sale.*** (id:66096)
Property Details
- MLS®
- E13225870
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Industrial
- Bathrooms
- 1
- Parking
- 3
- Interior Size
- 1,200 ft²
- Frontage
- 17 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $8/yr
- Listed
- 156 days ago
Features
- Appliances
- Range
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 156 days on market, against an average age of 61 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 (Malvern) 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 (M1B)
This home lists at $40,000, about 0.4× the local median household income of $91,000.
Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 65,555
- Median age
- 39.6
- Owner / renter
- 72% / 28%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1B)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →


$40,000
Toronto