20 - 10815 BATHURST STREET N, Richmond Hill (Westbrook)

$350,000

For sale: Other

Other at 20 - 10815 BATHURST STREET N, Richmond Hill (Westbrook)
Property type
Sale Of Business
MLS®
MLS® N12998810
Neighbourhood
Westbrook

Renovated 2,700 Sqft Corner Restaurant & Lounge Unit With Exceptional Exposure at High-Traffic Bathurst & Elgin Mills Featuring Large Street-Facing Signage!! Two Outdoor Patios & Ample On-Site Parking. Currently Operating As A Restaurant With Approved Shisha-Smoking Use & LLBO Capacity For 60 Guests. Functional Open-Concept Layout Includes 3 Washrooms & Flexible Seating Configuration Suitable For Multiple Hospitality Concepts Including Restaurant, Lounge, Café, Dessert Bar, Or Franchise Conversion. Extensive Leasehold Improvements Include Approx. 20 Ft Commercial Ventilation System With Fire Suppression, Underground Grease Trap, Walk-In Cooler (Approx. 9' 6' 8'), Combi Oven, Charbroilers, Commercial Range, Flat-Top Griddle, Deep Fryers, Prep Stations, Display Refrigeration, & Full Stainless Prep Infrastructure. Turnkey Setup Includes Outdoor Patio Furniture, POS System (Toast), Security Camera System, Professional Audio System, Mounted Large-Format TVs, & Custom Service Counters & Millwork. Favorable Lease-Rate & Terms Secured Until May 31, 2029 Plus 5-Year Renewal Option, No Franchise Restrictions. Located Within A Busy Plaza Surrounded By Established Residential Communities Providing Strong Local Customer Base & Consistent Traffic Exposure Along One Of Richmond Hill's Primary North-South Arterial Corridors. Ideal Opportunity For Experienced Operators Or Hospitality Entrepreneurs Seeking A Fully Equipped Turnkey Restaurant & Lounge Location With Patio Capability & Existing Mechanical Infrastructure Already In Place.

Sold data

Homes in Richmond Hill (Westbrook) — recent sold market

Homes in Richmond Hill (Westbrook) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 (Westbrook)

Richmond Hill (Westbrook) 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 (Westbrook)

  • 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 20 - 10815 BATHURST STREET N