486 Queen St

Toronto C01 | Kensington-Chinatown | M5V 2B3

Ask: $99,999 $69,000

Est. Mtg $233 /mo
  • Days on market

  • Status

Listing Broker EXP REALTY
Since listed: 2 views

Home details

MLS #:

C9268070

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

Description


486 Queen St, , Toronto, Ontario is a Sale Of Business property in Toronto C01 and in the Kensington-Chinatown community in the M5V 2B3 postal code


Buy this Business for $40K less than its value, A unique opportunity to acquire a popular, fully-equipped Gelato Ice Cream business in the popular location of Downtown Toronto at the busy intersection of Queen and Spadina. This profitable business is an ideal opportunity for a hands-on owner to come in with their own vision to increase sales to even healthier levels. This Successful Gelato ice cream Store also serves Italian Coffee, Pizza, Panini, Croissants and more. Near to High rise residential and office towers, combined with a plethora of schools and businesses nearby, provides a steady flow of clientele, whilst providing ample opportunity for new marketing initiatives. Current rent is $4200 + TMI + HST, 4+5 years remaining on the lease. Full training and access to suppliers will be provided to the purchaser. EXTRAS All chattels and inventory included in the price..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2020-06 2020-06 $3,188,000 $3,188,000 Sld X4800058
2024-09 $99,999 $69,000 C9268070

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 486 Queen St

Based on available 3rd party data

$368

Approximate costs per month

Mortgage
$233 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 EXP REALTY
Data Source: TRREB

Payment calculator

$233 monthly. In association with: TD Bank
%
  • Principal and Interest
    233 /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

Mimmo Galatti, Realtor

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