40 University Ave

Toronto C01 | Bay Street Corridor | M5J 1T1

$520,000

Est. Mtg $1,763 /mo
  • Days on market

  • Status

Listing Broker KING REALTY INC.
Since listed: 3 views

Home details

MLS #:

C11988433

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
TBA

Description


40 University Ave, , Toronto, Ontario is a Sale Of Business property in Toronto C01 and in the Bay Street Corridor community in the M5J 1T1 postal code


Location Location!! Golden Opportunity to owna Fully Equipped Turnkey WoodFire Pizza And Pasta Franchise in the heart of Toronto Downtown, at the busy intersection of University and Front Street, Walking Distance From Union Station CN Tower, Rogers Centre. 1650 sqft, 42 Seating Include Patio Seating, with LLBO Rare find location with Tons of Foot Traffic. Turnkey Operation and Endless potential and possibilities, Currently Running 100% absentee run. Royality 5 plus 2%, Lease 8 plus 5 years, Rent 13500 plus tmi 2600 plus hst. **EXTRAS** WoodFire Pizza Oven, 2 inducation burner, Cold Prep fridge table, walk-in cooler, walk-in freezer, exhaust hood, dishwasher. List of chattels to be provided upon an offer..

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2023-05 $65 $65 C5846900
2023-05 $65 $65 C5846885
2022-03 $28 $28 C4820390
2023-08 $799,900 $799,900 X6551366
2024-09 $15 $15 C8282178
2025-02 $520,000 $520,000 C11988433
2024-10 $15 $15 C9769047
2025-02 $699,000 $699,000 C11949351

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 C01 :

Average sale price

$937,019

Properties sold

382

New Listings

962

Days on Market

16

Sale $ / List $

103%

Year on Year Growth

-0.62%



Estimated running costs for 40 University Ave

Based on available 3rd party data

$1898

Approximate costs per month

Mortgage
$1763 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker KING REALTY INC.
Data Source: TRREB

Payment calculator

$1763 monthly. In association with: TD Bank
%
  • Principal and Interest
    1763 /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

Hamid Shahsavar, Realtor

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