Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Address withheld at the seller’s request

Sale Of Business
$199,000

Thai restaurant with full kitchen and strong sales $30,000/month. Easy operation with only 2 FT + 2 PT staff. Established for many years and in a prime plaza surrounded by high density residential area. Full kitchen could be converted to any type of cuisine. Rent $3500/month includes TMI & HST. Lease 3 years + 5 years option to renew. Don't miss this amazing opportunity. Please do not go direct without appointment. Do not talk to staff/customers.

MLS number
W12353067
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
Withheld
Photos
50
390days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

The seller withheld the addressNo map, nearby schools or school boundaries are shown, because all of them would reveal roughly where the property is.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 539 people.

$109,000Median household income
77.5%Own their home
28.2%Detached houses
41.6Median age
40.2%Born outside Canada
31.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35210435 — the few blocks around this address, home to 539 people. It describes the area, not this property.

539Population
42.4Average age
2.8Household size
$116,000Average household income
$109,000Median household income
78%Own their home
23%Rent
0%Condominiums
40%Born outside Canada
32%University degree
$920,000Average home value
7%Low income
52%Not in the labour force
29%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over36%
$100,000 to $124,99910%
$125,000 to $149,9999%
$150,000 to $199,99912%
$200,000 and over5%

Percentages are of the 290 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$39,800 · minimum here is $9,950
$881.13per month
Borrowed before insurance$159,200
Total borrowed$159,200
Interest over 25 years at 4.5%$105,139

If you rented it out

-$881.13per month out of pocket
Rent$0.00
Everything it costs to hold$881.13
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE/BAYVIEW REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.