3447 Kennedy Road
Toronto E07, ON
Sale Of Business • 304 days on market
Located in a high-traffic area with a steady customer base and excellent reputation. The shop features elegant décor and a well-organized layout, ideal for continuing a tea culture-related business. Main Business: Retail of tea sets and premium teas. Private mahjong/card rooms Tea ceremony and tasting rooms. Highlights: Fully equipped and beautifully decorated - turnkey operation Stable clientele with many returning customers. Great potential for expansion (e.g., private gatherings, cultural workshops, or lifestyle events). Owner spend 25k for the decoration. Turn key business.
Listing Details
- Taxes (2025)
- $14
- Originally Listed
- $199,000
- Listed
- October 28, 2025
Price History
Listing history
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Location & Legal
- Cross Street
- kennedy and Steele
- Zoning
- commercial-retail
- Possession
- Flexible
Commercial
- Business Type
- Entertainment
- Occupancy
- Owner
Included
- Inclusions
- Including all equipment, and existing client base. Inventory not included. Lease 2years 8 months and 5 years renewal.
Community
Postal area M1V
- Population
- 50,825
- Private dwellings
- 16,556
- Median age
- 45.6
- Average household size
- 3.2
- 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 E07 · last 12 months
- Median sold price
- $719,000
- Homes sold
- 521
- Median days on market
- 23
- Sale-to-list price
- 98.8%
Based on 521 recorded sales of commercial properties in Toronto E07 over the last 12 months.
Listed by
MASTER`S TRUST REALTY INC.
Location
Commercial figures
- Annual property tax
- $14
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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