6 - 10800 BAYVIEW AVENUE, Richmond Hill (Devonsleigh)

$199,000

For sale: Other

Other at 6 - 10800 BAYVIEW AVENUE, Richmond Hill (Devonsleigh)
Property type
Sale Of Business
MLS®
MLS® N13702998
Neighbourhood
Devonsleigh

Excellent opportunity to acquire a fully equipped, turnkey Japanese sushi restaurant in an established Richmond Hill community. Located at Unit 6, 10800 Bayview Avenue, the restaurant occupies approximately 865 sq. ft. and offers an efficient operating format suitable for an owner-operator or an established restaurant group seeking an additional location.The premises feature an existing restaurant layout, kitchen infrastructure, equipment and operational setup, subject to the final equipment and chattel list. A buyer may continue the existing sushi concept or operate under their own brand. The premises may also accommodate another permitted food-service concept, subject to the landlord's approval, lease assignment requirements, zoning and applicable licensing.The current lease runs until February 28, 2029, with two additional five-year renewal options, subject to the terms of the lease. There is no Percentage Rent provision.Financial statements, sales information, equipment details and lease documents may be provided to qualified buyers after execution of a confidentiality agreement.Please do not go directly or speak with employees. All showings must be arranged through the listing brokerage.

Sold data

Homes in Devonsleigh — recent sold market

Homes in Devonsleigh took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 40, across 82 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $1,284,400.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 34% of sales closed above the list price.

Around 9% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$1,284,400
Sale-to-list ratio
97.0%
Sold above asking
34%

Based on 82 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Devonsleigh)

Richmond Hill (Devonsleigh) 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 (Devonsleigh)

  • 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 6 - 10800 BAYVIEW AVENUE