126 VICTORIA STREET W, New Tecumseth (Alliston)

$149,000

For sale: Other

Other at 126 VICTORIA STREET W, New Tecumseth (Alliston)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N14132160
Neighbourhood
Alliston

Rare opportunity to own a beautifully designed restaurant in the heart of Alliston! This spacious 2,250 sq. ft. restaurant offers 170 seats, including indoor dining and patio, along with a liquor license. Features a large chef's kitchen with plenty of workspace, a 10-foot exhaust hood, walk-in cooler, and brand-new dishwasher. Plenty of rear parking. All types of cuisine permitted, offering great flexibility for different restaurant concepts. One of the biggest advantages is the exceptionally low rent of just $3,500 per month, including TMI, HST, and water. The lease has 4.5 years remaining plus a 5-year renewal option. An excellent opportunity to own a spacious, fully equipped restaurant with affordable rent!

Sold data

Homes in Alliston — recent sold market

Homes in Alliston took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 74, across 67 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.

The median sale price was $729,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$729,000
Sale-to-list ratio
96.8%
Sold above asking
4%

Based on 67 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.

Currently for sale

Homes for sale near 126 VICTORIA STREET W