3468 DANFORTH AVENUE, Toronto (Oakridge)

$159,000

For sale: Other

Other at 3468 DANFORTH AVENUE, Toronto (Oakridge)
Property type
Sale Of Business
MLS®
MLS® E14103058
Neighbourhood
Oakridge

Rare Business Opportunity! ONLY $3,500 MONTHLY RENT INCLUDING TMI, HST & WATER! An excellent opportunity to own a fully equipped grocery business in a busy commercial plaza at 3468 Danforth Ave, Toronto, near Warden Ave. Situated in a high-traffic location surrounded by established residential neighbourhoods and local businesses, offering excellent visibility and customer accessibility. Approximately 4 Years Remaining On The Existing Lease, Plus A 5-Year Renewal Option.This versatile store offers fresh fruits, vegetables, groceries, halal meat, fish, frozen foods and other everyday essentials. All Equipment and Inventory Are Included in the Purchase Price! This is a major advantage for buyers looking for a fully equipped, ready-to-operate business without the added expense of purchasing equipment or initial inventory separately. Additional Income Opportunities! Existing lottery terminal and tobacco sales authorization provide valuable opportunities to generate additional revenue. The premises feature refrigeration equipment, walk-in cooler, display units, shelving and other essential store fixtures. Another Excellent Bonus! 5 Designated Parking Spots Come With the Unit, providing added convenience for customers and business operations. Ideal for an owner-operator, family business or entrepreneur looking to establish or expand a grocery, convenience or specialty food business. Take advantage of the established commercial location, multiple revenue streams and excellent growth potential. An Optional Three-Bedroom Basement Apartment Is Available For The Business Owner At An Additional Monthly Rent Of $1,500, Subject To Landlord Approval And Availability. Don't Miss This Opportunity To Be Your Own Boss!

Sold data

Other homes in Toronto (Oakridge) — recent sold market

Other homes in Toronto (Oakridge) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.

The median sale price was $75,000.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$75,000
Sale-to-list ratio
91.8%
Sold above asking
11%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Oakridge)

Toronto (Oakridge) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Oakridge)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 3468 DANFORTH AVENUE