$3,900/mo
For rent: Other

Turnkey restaurant opportunity in Simcoe. Commercial lease opportunity featuring a well-established Jamaican restaurant operation. The space is fully equipped with restaurant furnishings, kitchen equipment, and related amenities, providing an opportunity for a new operator to take over an existing restaurant setup. The current owner is retiring. The premises may be suitable for continuing the existing restaurant concept or for introducing a new food service concept, subject to applicable approvals and permitted uses. Suitable for an experienced restaurateur, new operator, or established business looking for an additional location. Liquor licence may be transferable, subject to approval and requirements of the applicable authorities. New operator is responsible for completing all required transfer processes and obtaining any necessary approvals and licenses.
Sold data
Homes in Norfolk (Simcoe) took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 85, across 122 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $598,950.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
Based on 122 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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