2550 Victoria Park Ave W

Toronto C15 | Henry Farm | M2J 5A9

$498,888

Est. Mtg $1,691 /mo
  • Days on market

  • Status

Listing Broker IPRO REALTY LTD.
Since listed: 1 views

Home details

MLS #:

C10421470

Property type:
Sale Of Business
Style:
Taxes:
$17
Possession:
Immediate TBD

Description


2550 Victoria Park Ave W, Unit 3, Toronto, Ontario is a Sale Of Business property in Toronto C15 and in the Henry Farm community in the M2J 5A9 postal code


Established and turnkey, this Halibut House Fish and Chips franchise presents an excellent opportunity for new ownership in a high-traffic Toronto location. Spanning over 2,000 sq ft, it offers spacious indoor seating for more than 50 guests, along with a patio that accommodates 40 perfect for seasonal dining. Known for quality and consistency, Halibut House provides strong brand recognition in the casual dining sector, with startup costs for new franchises often exceeding $650K. This established location, however, offers a more accessible entry into the franchise model without the hefty initial investment. Strategically positioned near major transit routes and highways, the restaurant enjoys steady foot traffic and high visibility, attracting a diverse customer base from the surrounding workforce and local community. With a secure 10-year lease and the option to renewal, this franchise offers long-term stability and growth potential. Achieving a profitable margin over 25%, this location combines proven success with room for further development under a trusted brand..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 $498,888 $498,888 C10421470

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 C15 :

Average sale price

$1,082,026

Properties sold

128

New Listings

268

Days on Market

14

Sale $ / List $

106%

Year on Year Growth

-0.25%



Estimated running costs for 2550 Victoria Park Ave W

Based on available 3rd party data

$1828

Approximate costs per month

Mortgage
$1691 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker IPRO REALTY LTD.
Data Source: TRREB

Payment calculator

$1693 monthly. In association with: TD Bank
%
  • Principal and Interest
    1691 /mo
  • Property Taxes
    $1 /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

Rena Alessa, Realtor

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