1 - 336 WELLINGTON ROAD, London South (South A)

$499,000

For sale: Other

Other at 1 - 336 WELLINGTON ROAD, London South (South A)
Property type
Sale Of Business
MLS®
MLS® X13679746
Neighbourhood
South A

Excellent opportunity to own a profitable and growing Tahini's restaurant at 336 Wellington Road, London. Ideally located directly across from Victoria Hospital and London Health Sciences Centre, providing excellent exposure and access to a large and consistent customer base.Situated along Wellington Road, one of London's busiest commercial corridors, this high-visibility, high-traffic location offers exceptional pedestrian and vehicle exposure. The Wellington Gate Centre reports approximately 45,500 vehicles per day at Wellington Street and Baseline Road.The business continues to grow and benefits from a strong brand, established operations, loyal customer base, and busy surrounding area. Excellent opportunity for an owner-operator or investor looking to acquire a profitable, well-established restaurant in a prime London location.

Sold data

Other homes in London South (South A) — recent sold market

Other homes in London South (South A) took a median of 20 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $587,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 20% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$587,000
Sale-to-list ratio
97.9%
Sold above asking
20%

Based on 30 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London South (South A)

London South (South A) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London South (South A)

  • John Dearnesselementary, LondonFraser rating 9.8/10
  • St Georgeelementary, LondonFraser rating 9.1/10
  • Jack Chamberselementary, LondonFraser rating 8.8/10
  • Sir Arthur Currieelementary, LondonFraser rating 8.8/10
  • London Centralsecondary, LondonFraser rating 8.7/10
  • Ryersonelementary, LondonFraser rating 8.7/10

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

Currently for sale

Homes for sale near 1 - 336 WELLINGTON ROAD