120 TOLLGATE ROAD W, Cornwall

$89,900

For sale: Other

Other at 120 TOLLGATE ROAD W, Cornwall
Property type
Sale Of Business
MLS®
MLS® X13122404
Neighbourhood
717 - Cornwall

The Village Diner has been serving the community for a number of years and offers a fantastic turnkey opportunity for an owner operator or investor looking for an easy transition into a fully operational and established business. The restaurant is currently configured for approximately 80 seats and features a fully equipped commercial kitchen that is exceptionally clean, well maintained, and ready for immediate operation. All chattels and equipment are owned by the current owner and are included in the sale, allowing a new owner to step in and start operating from day one. The business has built a strong local reputation and loyal customer base over the years with excellent potential for continued growth. Currently operating as a successful breakfast and lunch restaurant, there is also exciting opportunity for a new owner to expand hours and introduce dinner service to further maximize revenue potential. Owner willing to provide supplier information and assist with a smooth transition. A rare opportunity to purchase a well established and cared for restaurant business with everything in place to succeed.

Sold data

Homes in Cornwall — recent sold market

Homes in Cornwall took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 62, across 180 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $424,900.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$424,900
Sale-to-list ratio
97.7%
Sold above asking
13%

Based on 180 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cornwall

Cornwall has 18 Fraser Institute–rated schools (11 elementary and 7 secondary), averaging 4.4/10.

Rated schools
18
Elementary
11
Secondary
7
Average rating
4.4 / 10

Top-rated schools in Cornwall

  • St Anne's — elementaryFraser rating 6.9/10
  • Rose des Vents — elementaryFraser rating 6.7/10
  • St. Joseph's — secondaryFraser rating 6.1/10
  • Marie-Tanguay — elementaryFraser rating 5.6/10
  • Notre-Dame — elementaryFraser rating 5.3/10
  • St Peter's — elementaryFraser rating 5.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 120 TOLLGATE ROAD W