690-B Somerset Street
West Centre Town, ON
- Sale Of Business
- 153 days on market
Business Asset Sale. Excellent Opportunity to start another business in this high profile location at the Royal Arch or Gateway to Chinatown. Licensed dining room with 29 seats plus kitchen/washrooms. Fully equipped. New Lease available - Base Rent: $3400/month + Prop Taxes/Insurance: $800/month plus HST. Utilities/Garbage extra. Great for many types of restuarant uses. 1 parking spot included.
Listing Details
- Taxes (2025)
- $9,600
- Originally Listed
- $118,900
- Listed
- April 6, 2026
Price History
Listing history
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Property
- Lot Size
- 66 x 99 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Somerset & Cambridge St N
- Zoning
- CM1[112] H(16)
- Parcel Number
- 041090002
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K1R
- Population
- 20,343
- Private dwellings
- 12,836
- Median age
- 36
- Average household size
- 1.7
- Median household income
- $74,000
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
- $675,000
- Homes sold
- 173
- Median days on market
- 20
- Sale-to-list price
- 98.2%
Based on 173 recorded sales of commercial properties in West Centre Town over the last 12 months.
Listed by
SHAKER REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $9,600
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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