$225,000
For sale: Other

LOCATION! A Great Turnkey Restaurant opportunity situated in one of North London's busiest area of Wonderland Rd & Oxford Rd, with excellent visibility, daily traffic count approx. 40,000 vehicles per day and Ample onsite Parking. The restaurant is over 1500 sq. ft with recently Updated dine-in area for up to 50 seats, plus takeout and catering services. The Fully Equipped Kitchen includes a 12ft kitchen hood, walk-in cooler and freezers, gas grills, meat grinder, kabab machine, etc. and ample prep space. Located next to T&T Supermarket, Planet Fitness & close to Costco, Western University, Shopping districts and high density Residential & Commercial areas, this is a fantastic opportunity to own a successful turnkey business in a fantastic location, with affordable rent and favorable lease terms, and Continue the current concept or Rebrand to a different cuisine. Taxes not applicable
Sold data
Other homes in London North (North N) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.
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
London North (North N) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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