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5 Spring Garden Avenue

5 Spring Garden Avenue

Toronto C14, ON

700 sqft • Sale Of Business • 565 days on market

$110,000Price reduced 45%

Excellent Location At Yonge & Sheppard, Surrounded By High Rise Condos & Office. Well Established Korean Style Hotdog Or Rice Dog Under Trade Name "Chung Chun Rice Hot Dog". Lease: Until May 31, 2026 + Option To Renew For 5 Years. The purchaser may terminate the franchise agreement without cost or penalty and convert to other types of restaurants.

Listing Details

Originally Listed
$200,000
Listed
February 3, 2025

Price History

Property

Lot Size
37.95 x 103.66 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Yonge & Sheppard
Zoning
Commercial

Commercial

Business Type
Fast Food/Takeout
Occupancy
Tenant

Included

Inclusions
Chattel List Will Be Provided Upon Receipt Of Offer.

Community

Postal area M2N

Population
75,100
Private dwellings
36,968
Median age
38
Average household size
2.2
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C14 · last 12 months

Median sold price
$668,000
Homes sold
836
Median days on market
27
Sale-to-list price
97.5%

Based on 836 recorded sales of commercial properties in Toronto C14 over the last 12 months.

Listed by

CENTURY 21 NEW CONCEPT

Location

Commercial figures

Building area
700 sq ft
Price per sq ft
$157.14

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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