1768 St Clair Avenue W, Toronto, ON, M6N 1J3

MLS® # W12565222

Commercial For Sale In Silverthorn, Toronto, Ontario

$130,000

None Beds

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1768 St Clair Avenue W, Toronto, ON, M6N 1J3

$130,000

Property Information:

A Great Opportunity To Own A Well-Established Vietnamese Restaurant With A Loyal Customer Base In A High-Exposure Location. Surrounded By Major New Condominium Developments, Big-Box Retailers, And A Dense, Multicultural Residential And Commercial Community, This Turnkey Business Offers Strong Income Potential And Significant Room For Growth. The 45-Seat Restaurant Features A Fully Equipped Commercial Kitchen With A Walk-In Fridge, A Walk-In Cooler, And Private Rear Laneway Access. No Use Restrictions Make It Ideal For Rebranding Into Any Cuisine, Concept, Or Franchise. With An Efficient Layout And Proven Menu, It's Perfectly Suited For Owner-Operators Or Family-Run Ventures. A Brand New Lease Can Be Arranged With The Landlord, Or Buyers May Choose To Purchase The Building For $1,488,000 (W12565224) And Enjoy A Rare Live/Work Setup That Includes A Spacious Two-Bedroom Apartment Above, A Large Private Deck, And Two Outdoor Surface Parking Spaces. This Is A Rare Chance To Be Your Own Boss, Run A Thriving Restaurant, And Live On-Site In One Of Toronto's Most Dynamic And Rapidly Growing Neighbourhoods.

Inclusions: All Existing Chattels & Equipment to Run the Business

Property Features:

Annual Tax Amount: $10,696
Business Type: Restaurant
Community Features: Public Transit
Cooling: Yes
Floor Space (approx): 1000 Square Feet
Garage Type: Outside/Surface
Heat Type: Gas Forced Air Open
Lot Depth: 103 Feet
Lot Frontage: 15.92 Feet
Lot Shape: Rectangular
Property Use: Without Property
Security Features: Yes
Utilities: None
Water: Municipal
Sewer: Sanitary+Storm

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Notes:

Ryan Nguyen

Sales Representative Royal LePage Signature Realty , Brokerage*

Office:905.568.2121

Fax:905.568.2588

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Lisa Nguyen

Royal LePage Signature Realty , Brokerage*

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Market Price Trends

All Properties

-0.49%

Price change (1 year)

11.06%

Price change (5 years)

Location of 1768 St Clair Avenue W, Toronto, ON, M6N 1J3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 1768 St Clair Avenue W, experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.9 degrees Celsius.

Projected Avg. Temperature

Past

31.3℃

2050

34.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 1768 St Clair Avenue W, experiences 11 significant 2-day storms per year, with about 294.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 365.1mm of precipitation per year.

Precipitation Per Storm

Past

294.4mm

2050

365.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1768 St Clair Avenue W, Toronto, ON, M6N 1J3

Life Stage

Older Families

Employment Type

Mixed

Average Household Income

$118,210.68

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.1 %

High school certificate or equivalent

29.72 %

Apprenticeship trade certificate/diploma

4.95 %

College/non-university certificate

15.35 %

University certificate (below bachelor)

0.66 %

University Degree

23.22 %

Commuter

Travel To Work

By Car

55.27 %

By Public Transit

30.73 %

By Walking

5.59 %

By Bicycle

2.69 %

By Other Methods

5.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

48.68 %

Houses

51.32 %

Own Vs. Rent

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1768 St Clair Avenue W, Toronto, ON, M6N 1J3 $130,000 MLS® # W12565222