34 YONGE STREET S, Springwater (Elmvale)

$196,000

For sale: Other

Other at 34 YONGE STREET S, Springwater (Elmvale)
Property type
Sale Of Business
MLS®
MLS® S13207462
Neighbourhood
Elmvale

It is an excellent opportunity for a turn-key pizza shop located in Elmvale, ON. This location has been established as a pizza shop for over 20 years and offers very favorable terms. The rent is currently only $1,970 per month, which includes water utilities. According to the seller, the business generates yearly sales between $380,000 and $410,000.Very close to a local school with significant potential to increase business. This is not a franchise, allowing for more operational flexibility. The business benefits from very low food costs.

Sold data

Homes in Elmvale — recent sold market

Homes in Elmvale took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 56, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.

The median sale price was $650,000.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

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

Median days to sell
31
Median sale price
$650,000
Sale-to-list ratio
97.2%
Sold above asking
7%

Based on 43 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.

Currently for sale

Homes for sale near 34 YONGE STREET S