101 - 330 HIGHWAY 7 E, Richmond Hill (Doncrest)

$349,000

For sale: Other

Other at 101 - 330 HIGHWAY 7 E, Richmond Hill (Doncrest)
Property type
Sale Of Business
MLS®
MLS® N13230904
Neighbourhood
Doncrest

Location! Location! Location! Well-Established Bubble Tea Shop For Sale In A High-Traffic Commercial Plaza. Turnkey Operation With Strong Financial Performance And Excellent Growth Potential. Situated In Busy Chalmer Gate Plaza Alongside Major Anchors Including RBC, Medical Offices And Other Established Businesses. Prime Location Surrounded By Numerous Existing Condominium And Residential Developments, Providing Consistent Customer Traffic And A Loyal Client Base. Ample Free Surface Parking Available For Customers.This Profitable Business Is Currently Performing Extremely Well With Annual Gross Sales Of Approximately $800,000 And Net Income Of Approximately $200,000. Fully Equipped And Ready For A New Owner To Take Over And Continue Growing The Business.

Sold data

Homes in Richmond Hill (Doncrest) — recent sold market

Homes in Richmond Hill (Doncrest) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 533 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $1,128,800.

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

About 24% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$1,128,800
Sale-to-list ratio
96.8%
Sold above asking
24%

Based on 533 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Doncrest)

Richmond Hill (Doncrest) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Doncrest)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

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

Currently for sale

Homes for sale near 101 - 330 HIGHWAY 7 E