17 - 1414 KING STREET E, Clarington (Courtice)

$119,000

For sale: Other

Other at 17 - 1414 KING STREET E, Clarington (Courtice)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® E13722202
Neighbourhood
Courtice

**Prime Courtice Restaurant Opportunity!** Excellent opportunity to acquire a fully equipped restaurant in one of Courtice's busiest and most sought-after commercial locations. This little-under-1,600 sq. ft. turnkey operation is currently running as a South Indian restaurant, with **change of use possible**, offering flexibility for a variety of food concepts. Features approximately **44-seat dining area**, **12-ft commercial hood**, **walk-in cooler**, **walk-in freezer**, and a fully equipped professional kitchen suitable for virtually any cuisine. Located in a busy plaza with multiple established anchor businesses, providing excellent visibility, accessibility, and steady customer traffic. Monthly rent of approximately **$8,372 inclusive of HST and TMI**. Long-term lease secured until **2033**, with **two additional 5-year extension options**. Ideal opportunity for an experienced operator or entrepreneur looking for a turnkey restaurant space in a high-demand location.

Sold data

Homes in Clarington (Courtice) — recent sold market

Homes in Clarington (Courtice) took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 33, across 368 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.

The median sale price was $734,900.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$734,900
Sale-to-list ratio
98.2%
Sold above asking
21%

Based on 368 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 17 - 1414 KING STREET E