3 - 788 YONGE STREET, Midland

$299,999

For sale: Other

Other at 3 - 788 YONGE STREET, Midland
Property type
Sale Of Business
MLS®
MLS® S14120842
Neighbourhood
Midland

WING 'N IT Business in Midland, ON is For Sale. Located at the busy intersection of Yonge St & King St, in a high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, offices, banks, retail stores, restaurants, major amenities and much more. Monthly Sales: Approx. $36,000-$40,000. Rent: $4,500/month including TMI & HST, Lease Term: 10 years with renewal option, Store Area: 2,870 Sq. Ft., Royalty: 4%, Advertising: 2%, Utilities: approximately $700-$900/month. Excellent franchise restaurant business with a spacious dining area and great potential to grow sales even further.

Sold data

Homes in Midland — recent sold market

Homes in Midland took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 70, across 85 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $544,999.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$544,999
Sale-to-list ratio
95.8%
Sold above asking
2%

Based on 85 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Midland

Midland has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 5.0/10.

Rated schools
7
Elementary
5
Secondary
2
Average rating
5.0 / 10

Top-rated schools in Midland

  • Huron Park — elementaryFraser rating 6.0/10
  • Bayview — elementaryFraser rating 5.8/10
  • Monsignor Castex — elementaryFraser rating 5.8/10
  • Georgian Bay District — secondaryFraser rating 5.3/10
  • St. Theresa's — secondaryFraser rating 5.2/10
  • Mundy's Bay — elementaryFraser rating 4.4/10

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

Currently for sale

Homes for sale near 3 - 788 YONGE STREET