#WM03 486 Front Street West, Toronto (Waterfront Communities) - Business for Sale
#WM03 486 Front Street West, Toronto (Waterfront Communities), Ontario, M5V0V2
This business in Toronto is for sale offering roughly 200 sq ft of space.
Description
Situated inside The Well - Wellington Market, this established noodle shop operates under the popular Tong Mein brand. Surrounded by thousands of residents, office workers, and daily foot traffic, the location offers exceptional visibility and steady customer flow. Fully built-out and professionally operated with trained staff and streamlined systems. Buyer may continue with the existing brand or convert to their own concept. Rent: $ 4,643.94 includes all utilities + HST expired July 2027 + 5 year option. (id:66096)
Property Details
- MLS®
- C13639988
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Garage
- Underground
- Listed
- 92 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 92 days on market, against an average age of 57 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 (Waterfront Communities) 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 (M5V)
This home lists at $49,000, about 0.5× the local median household income of $91,000.
Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$49,000
Toronto