#UNIT 5 72 Steeles Avenue West, Vaughan (Crestwood-Springfarm-Yorkhill) - Business for Sale
#UNIT 5 72 Steeles Avenue West, Vaughan (Crestwood-Springfarm-Yorkhill), Ontario, L4J1A1
This business in Vaughan is for sale offering roughly 1,050 sq ft of space.
Description
Rare opportunity to acquire a beautifully established, turnkey dessert café situated at the premier intersection of Yonge Street and Steeles Avenue in Thornhill. Located in a high-exposure retail plaza, this business boasts exceptional visibility and prominent signage facing Steeles Avenue, drawing heavy pedestrian and vehicular traffic daily. The thoughtfully designed space features extensive leasehold improvements, renovation and premium commercial equipment, representing a significant capital investment that ensures a smooth transition for the incoming owner. Ample on-site parking further enhances convenience for both staff and a customer base. This fully operational business offers a lease with 2 years remaining plus a 5-year renewal option. The highly competitive gross rent is $3,790.45 per month, which includes TMI and HST. The purchase price includes all existing equipment, renovations, and leasehold improvements, Ex: one cake display case. An ideal, takeover opportunity for independent entrepreneurs, owner-operators, or established dessert chains looking to expand into a thriving, high-density market. (id:66096)
Property Details
- MLS®
- N13414794
- Property Type
- Business
- Zoning
- COMMERCIAL
- Interior Size
- 1,050 ft²
- Lot Size
- 1,050 sq ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 149 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 149 days on market, against an average age of 64 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 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Vaughan (Crestwood-Springfarm-Yorkhill) 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 (L4J)
This home lists at $129,000, about 1.1× the local median household income of $115,000.
Carrying it typically needs a household income of about $25,198 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $115,000
- Population
- 75,120
- Median age
- 45.6
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4J)
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$129,000
Vaughan