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
$1,275,000

TURNKEY & WELL-ESTABLISHED SPECIALTY FOOD BUSINESS - EXCEPTIONAL OPPORTUNITY! An outstanding opportunity to acquire a highly reputable and established specialty food market. The business has developed a strong local presence and loyal customer base, with multiple complementary revenue streams including premium meats, gourmet deli, bakery, specialty cheeses, fresh produce, prepared foods, catering services and custom gift baskets. Known for quality products, exceptional service and a strong community reputation, this operation offers a well-established platform for an owner-operator or experienced entrepreneur. Significant potential exists to further expand catering, prepared foods, delivery, online sales and other revenue channels.A rare opportunity to acquire an established, diversified food business with an excellent foundation for continued growth.

MLS number
X13788868
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
Withheld
Photos
30
1days · 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 1,041 people.

$132,000Median household income
87.9%Own their home
85.2%Detached houses
36.8Median age
32.2%Born outside Canada
32.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35251023 — the few blocks around this address, home to 1,041 people. It describes the area, not this property.

1,041Population
35.6Average age
3.4Household size
$153,000Average household income
$132,000Median household income
88%Own their home
12%Rent
0%Condominiums
32%Born outside Canada
33%University degree
$910,000Average home value
5%Low income
41%Not in the labour force
26%Never married
$25,000 to $29,9991%
$35,000 to $39,9991%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over42%
$100,000 to $124,99910%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over14%

Percentages are of the 505 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.

$255,000 · minimum here is $102,500
$5,645.42per month
Borrowed before insurance$1,020,000
Total borrowed$1,020,000
Interest over 25 years at 4.5%$673,627

If you rented it out

-$5,645.42per month out of pocket
Rent$0.00
Everything it costs to hold$5,645.42
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 RE/MAX GOLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.