1 & 2 - 200 BELLAMY ROAD N, Toronto (Eglinton East)

$499,000

For sale: Other

Other at 1 & 2 - 200 BELLAMY ROAD N, Toronto (Eglinton East)
Property type
Sale Of Business
MLS®
MLS® E13769480
Neighbourhood
Eglinton East

Indian Restaurant for sale with possible rebranding opportunity - Scarborough Excellent rebranding opportunity in Scarborough with everything in place to operate a full-service restaurant. The existing restaurant features a newer, full-size commercial kitchen that can accommodate a wide range of restaurant concepts and cuisines, providing a turnkey setup for an experienced operator. The premises offer approximately 1,800 sq. ft. on the main floor plus an additional 1,800 sq.ft. full-height basement, with the basement featuring approximately 9-foot ceilings. With approximately 3,600 sq. ft. of total space, there is more than enough room to operate a substantial full-service restaurant with significant back-of-house, storage, preparation and operational space. The restaurant is currently configured for approximately 50 dine-in seats and has the infrastructure in place for an LLBO-licensed full-service restaurant, subject to the buyer obtaining all required approvals and licenses. Key Highlights: Prime Scarborough restaurant opportunity Approximately 3,600 sq. ft. total space1,800 sq. ft. main floor + 1,800 sq. ft. basement Full 9-ft. basement ceiling height Newer, full-size commercial kitchen. Kitchen suitable for a variety of full-service restaurant concepts Approximately 50 dine-in seats Existing setup suitable for LLBO full-service restaurant operation Excellent rebranding opportunity Significant storage, preparation and operational space Low rent of approximately $6,000/month including TMIA rare opportunity to take over a fully equipped restaurant space with substantial square footage, a commercial-grade kitchen and an established dine-in configuration, without the cost and time associated with building a restaurant from scratch. Call Shailesh Patel (647-877-7766).

Sold data

Other homes in Toronto (Eglinton East) — recent sold market

Other homes in Toronto (Eglinton East) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 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 Toronto (Eglinton East)

Toronto (Eglinton East) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Eglinton East)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 1 & 2 - 200 BELLAMY ROAD N