2501 Steeles AVE W ##5 Active

Toronto W05,ON M3J 2P1

$ 1049900

- Bed

- Bath

10475 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 10,475 sqft

Price per Sqft $100

MLS Listing ID W8333668

Annual Tax Amount $20,506

Tax Year 2023

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, insurance-$8,400 yearly, Stock is not included in the price, estimated at about $1,500,000. 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

Location

Province ON

County Toronto

Community Public Transit

Area York University Heights

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Available

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