1055 Somerset Street
West Centre Town, ON
Sale Of Business • 270 days on market
Sale of equipment and certain assets used in the business of Chippers Bakery with a fully equipped kitchen. The kitchen exhaust hood in place. Walk-in cooler in place - can be converted to freezer. Basement included. Parking on laneway. Set up as a fast-food, take-out restaurant or bakery. 5-year and 5 month lease available. Great location, surrounded by several high-rise apartments and close to City Centre and the Bayswater LRT station. Excellent opportunity to open a new business at a great entry cost. Do Not Visit Store Without Prior Appointment.
Listing Details
- Listed
- November 26, 2025
Price History
Property
- Lot Size
- 37 x 53 Feet
Location & Legal
- Cross Street
- Somerset Street West & Bayswater Avenue
- Zoning
- TM11[823] - Traditional Mainstreet
- Possession
- Flexible
Commercial
- Business Type
- Bakery
- Occupancy
- Tenant
Community
Postal area K1Y
- Population
- 20,712
- Private dwellings
- 10,737
- Median age
- 40
- Average household size
- 2
- Median household income
- $99,000
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 West Centre Town · last 12 months
- Median sold price
- $676,000
- Homes sold
- 177
- Median days on market
- 20
- Sale-to-list price
- 98.2%
Based on 177 recorded sales of commercial properties in West Centre Town over the last 12 months.
Listed by
SHAKER REALTY LTD.
Location
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