116 - 1920 DUNDAS STREET, London East (East I)
$999,000
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13720080
- Neighbourhood
- East I
** PROFITABLE (HIGH VOLUME) & LOW RENT** Rare Opportunity | Approx. $1.9M Annual Sales . Turnkey Mary Brown's Chicken Franchise For Sale - Prime London Location. Excellent Location! Well-Established, Great Exposure, Famous, And Successful Business Model With Over 250+ Locations Across Canada. Ideally Situated At The High-Traffic Intersection Of Dundas St And Clark Road, This Location Offers Unmatched Exposure And A Steady Stream Of Both Local And Tourist Foot Traffic. Positioned In A Vibrant, High-Density Area With Strong Daytime And Evening Customer Flow. Key Highlights: Prime Location: A Popular Spot Known For Its Signature Fried Chicken, Taters (Seasoned Potato Wedges), And Coleslaw. Financial Performance: Annual Sales: Gross Sales Close To $1.9 M Rent: Approx. $5310.40/Month Including TMI Long Lease: Existing Till 2031 + Two Renewal Options Of 5 Years Each Royalty Fee: 5% Advertising Fee: 4% Store Area: Approx. 1,671 Sq. Ft. Don't Miss This Rare Opportunity To Own A Profitable And Growing Franchise In A Thriving Location!
Sold data
Other homes in London East (East I) — recent sold market
Other homes in London East (East I) took a median of 21 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 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% 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
- $575,000
- Sale-to-list ratio
- 97.8%
- Sold above asking
- 19%
Based on 31 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 East (East I)
London East (East I) 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 East (East I)
- John Dearness — elementary, LondonFraser rating 9.8/10
- St George — elementary, LondonFraser rating 9.1/10
- Jack Chambers — elementary, LondonFraser rating 8.8/10
- Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
- London Central — secondary, LondonFraser rating 8.7/10
- Ryerson — elementary, LondonFraser rating 8.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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