14B - 1211 KINGSTON ROAD, Pickering (Town Centre)

$169,000

For sale: Other

Other at 14B - 1211 KINGSTON ROAD, Pickering (Town Centre)
Property type
Sale Of Business
MLS®
MLS® E13655724
Neighbourhood
Town Centre

Excellent opportunity in a high-visibility location on busy Kingston Road with convenient access to Highway 401 via Liverpool Road or Whites Road. Situated in a busy plaza alongside established businesses, offering great exposure, easy customer access and plenty of parking. The restaurant features a fully equipped commercial kitchen and is ready for a new operator to bring their concept to life. A major advantage is the low rent, which includes TMI and water. The unit also features two washrooms. There is an option to add the adjoining second unit to expand the seating area or continue using the additional space as a private party/event room, as it is currently set up. Great flexibility for private functions, catering and future expansion. Gross rent is $3,250/month + HST, including water. Current lease term is from February 2025 to January 2030, with an additional 5-year renewal option. January 2030, with an additional 5-year renewal option. Adjoining unit is currently operating as a private event/party room and is available for purchase at an additional cost. Buyer may purchase both units together for additional space and expansion.

Sold data

Homes in Pickering (Town Centre) — recent sold market

Homes in Pickering (Town Centre) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 35, across 366 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $859,000.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$859,000
Sale-to-list ratio
98.0%
Sold above asking
24%

Based on 366 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Pickering (Town Centre)

Pickering (Town Centre) has 23 Fraser Institute–rated schools (20 elementary and 3 secondary), averaging 6.6/10.

Rated schools
23
Elementary
20
Secondary
3
Average rating
6.6 / 10

Top-rated schools in Pickering (Town Centre)

  • William Dunbar — elementary, PickeringFraser rating 8.4/10
  • Pickering — elementary, PickeringFraser rating 7.8/10
  • Elizabeth B Phin — elementary, PickeringFraser rating 7.7/10
  • Gandatsetiagon — elementary, PickeringFraser rating 7.6/10
  • Rosebank Road — elementary, PickeringFraser rating 7.5/10
  • Dunbarton — secondary, PickeringFraser rating 7.3/10

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

Currently for sale

Homes for sale near 14B - 1211 KINGSTON ROAD