UNIT 5B - 1101 KINGSTON ROAD, Pickering (Town Centre)

$195,000

For sale: Other

Other at UNIT 5B - 1101 KINGSTON ROAD, Pickering (Town Centre)
Property type
Sale Of Business
MLS®
MLS® E14087696
Neighbourhood
Town Centre

Owner retiring! Excellent opportunity to acquire Vis-à-Vis Pizza & Pasta in Pickering. This 1,174 SF restaurant features a signature 1,000-degree Neapolitan mosaic rotating pizza oven and pasta-making equipment for freshly prepared pasta. Average daily sales range from around $800-$1,600 +/-. Opportunity to increase revenue by updating the menu and extending operating hours beyond the current closing time of around 9 p.m. Full training and staff support are available to ensure a smooth transition. Renewed lease from December 1, 2026, to November 30, 2031, plus two additional five-year renewal options. Net rent: $24.60 PSF; TMI: $12.35 PSF. Total monthly rent: $4,018.55, including HST. Ideal for an owner-operator.

Sold data

Homes in Pickering (Town Centre) — recent sold market

Homes in Pickering (Town Centre) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 295 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $849,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$849,000
Sale-to-list ratio
97.8%
Sold above asking
21%

Based on 295 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 UNIT 5B - 1101 KINGSTON ROAD