$599,000
Available - For Sale
Listing ID: W12873886
70 Belfield Road , Toronto, M9W 1G3, Toronto


Excellent opportunity to acquire a turn-key woodworking and cabinetry business specializing in custom cabinets, closets, wall units, and vanities. Very affordable low rent of $6,100 + HST (inclusive of TMI). Well located at the highly accessible intersection of Hwy 409 and Hwy 401, ideal for deliveries and customer access. Operating from the same location for over 20 years, the business works directly with numerous builders to provide bulk orders of kitchen cabinets and vanities for new developments. Fully equipped shop featuring a professionally installed and approved spray booth - a rare feature for woodworking operations - and a fully setup showroom featuring custom kitchen and bedroom displays. Two fully functional truck-level shipping/receiving docks. All equipment, machinery, and inventory are included in the sale, making this a true turn-key opportunity. Seller is retiring but willing to stay on temporarily to provide training and introduce the buyer to clients, ensuring a smooth transition. Well located and ideal for an entrepreneur looking to start a new business or expand an existing woodworking operation. Latest 3-year escalation lease commenced on June 1, 2025 until May 31st, 2028, with one 2-year extension available. Sale of business only; premises leased and subject to landlord approval.
Price $599,000
Taxes: $4.25
Tax Type: TMI
Occupancy: Owner
Address: 70 Belfield Road , Toronto, M9W 1G3, Toronto
Postal Code: M9W 1G3
Province/State: Toronto
Legal Description: PT BLK A, B PL 8392 NORTH YORK PT 2, 64R
Directions/Cross Streets: Kipling/Rexdale
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Woodworking
Building Percentage: F
Total Area: 4800.00
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: F
Days Open: V
Hours Open: By Appo
Employees #: 2
Seats: 0
Sprinklers: Yes
Washrooms: 2
Outside Storage: F
Rail: N
Truck Level Shipping Doors #: 2
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 2
Grade Level Shipping Doors #: 0
Heat Type: Radiant
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
NANAK REALTY SERVICES INC.
Personal Picture
Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W10
Neighbourhood: West Humber-Clairville
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $4.25
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years