2501 Steeles Ave W

Toronto, M3J2P1
For Sale
$1,050,000
2501 Steeles Ave W, Toronto
Without Property
CATEGORY
10,475 Sq Ft
TOTAL AREA
W8333668
MLSID
Contact Us
Property Description
Established furniture and distribution business located in a prime location, operating for about 19 years. Specializing in selling high quality solid wood furniture such as loft beds, bunk beds, beds, dressers, computer desks and more, directly imported from suppliers. Sales span across Canada and the USA, with partnerships including Walmart, Amazon, and Best Buy. The lease is valid until April 1st, 2027, with options available. Net - $5,673 per month, mi - $2,767 per month, tax- $1,708 per month, adm; - $122 per month, Stock is not included in the price, estimated at about one million. The owner is willing to train the new buyer, and the business includes all trademarks, website, and more. For more information, please visit the website -- scanica.ca
Extras
net income average about $500,000 yearly for the last three years
Property Details
Category
Without Property
Usage
Distributing
Zoning
Commercial Retail
Total Area
10,475 Sq Ft
Office/Apartment Area
300 Sq Ft
Retail Area
1,000 Sq Ft
Industrial Area
9,175 Sq Ft
Taxes
$20,506 (2023)
Air Conditioning
Yes
Listing contracted with Yyz Realty Limited
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