120 Norfinch Dr

Toronto W05 | Black Creek | M3N 1X3
  • 2850.0 sqft
  • 0 gar

$650,000

Est. Mtg $2,204 /mo
  • Days on market

    118

  • Status

    U

Listing Broker REAL ONE REALTY INC.
Since listed: 2 views

Home details

MLS #:

W8410026

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
TBD
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
Employment Industrial Zone E1
Use:
Home Improvement
Heat:
None

Description


120 Norfinch Dr, 21, Toronto, Ontario is a Sale Of Business property in Toronto W05 and in the Black Creek community in the M3N 1X3 postal code


A unique chance awaits to own a prestigious natural stone wholesaler located in North York, specializing in premium materials such as marble, granite, onyx, and travertine. With a vast selection of over 300 unique stone slabs to fulfill every customer's vision, this esteemed business has cultivated a loyal clientele since its establishment in 2023, showcasing consistent growth. Positioned strategically among Ontario's foremost marble establishments, the business operates from an expansive 2,850 sq ft showroom-gallery. Boasting an impressive 18-foot height clearance, the facility is impeccably equipped for efficient stone handling, featuring a 5-ton rail-mounted gantry crane and a convenient truck level shipping door, ensuring seamless loading and unloading operations. Benefiting from a secure lease with 4.5 years remaining and an option to extend for an additional 5 years, the monthly rent stands at approximately $5,878 (inclusive of TMI). With current monthly sales reaching approximately $87,516 and a low cost of goods sold (approximately 16%), this venture offers substantial profit potential. Monthly expenses include wages (approx. $4,300), utilities (approx. $380), phone and internet (approx. $45), and business insurance (approx. $178). The asking price includes a substantial inventory valued at approximately $351,070..

Extras

All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence..



Payment calculator

$2204 monthly. In association with: TD Bank
%
  • Principal and Interest
    2204 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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