1228 King St W

Toronto W01 | South Parkdale | M6K 1G4

$199,000

Est. Mtg $674 /mo
  • Days on market

  • Status

Listing Broker KINGSWAY REAL ESTATE
Since listed: 1 views

Home details

MLS #:

W11962866

Property type:
Sale Of Business
Style:
Taxes:
$14,000
Possession:
TBD

Description


1228 King St W, , Toronto, Ontario is a Sale Of Business property in Toronto W01 and in the South Parkdale community in the M6K 1G4 postal code


Money-Making, Non-Franchise Restaurant Business For Sale in Sought After and Developing Area of Parkdale- Right on Busy King St W. Serving Authentic Tibetan Cuisine for Dine-in/Take-out. Sales Approx. $25k/Month and Growing Fast! Over 100 Google Reviews w/ 4.9 Stars. Approx. 30 seats. Can Also be Rebranded to Any Other Type of Cuisine. Lots of Brand New Equipment with Warranty. Brand New Build-Out in 2024 including plumbing, electrical, hood and more. Excellent Rent- Only $3575 Base+TMI+HST. 3+5 Years Remaining w/No Demolition Clause! Very Popular Location and Go-To Foodie Destination Currently Going Through Residential Intensification w/Brand New Condos Across the Street and High-Density Apartment Building Clusters just South of King St W..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-01 2023-01 $2,900 $2,900 Ter W5863234
2023-01 2023-02 $2,650 $2,400 Lsd W5877527
2024-02 2024-02 $2,300 $2,300 Lsd W8052180
2022-11 $40 $40 W5803214
2024-03 $119,000 $119,000 W7349480
2025-02 $199,000 $199,000 W11962866

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W01 :

Average sale price

$1,208,808

Properties sold

69

New Listings

106

Days on Market

19

Sale $ / List $

106%

Year on Year Growth

-5.55%



Estimated running costs for 1228 King St W

Based on available 3rd party data

$1976

Approximate costs per month

Mortgage
$674 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1166 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker KINGSWAY REAL ESTATE
Data Source: TRREB

Payment calculator

$1841 monthly. In association with: TD Bank
%
  • Principal and Interest
    674 /mo
  • Property Taxes
    $1166 /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

Angela Aiello, Realtor

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