1 - 382 YONGE STREET, Toronto (Bay Street Corridor)

$79,000

For sale: Other

Other at 1 - 382 YONGE STREET, Toronto (Bay Street Corridor)
Property type
Sale Of Business
MLS®
MLS® C13593500
Neighbourhood
Bay Street Corridor

This investment opportunity is right up your Alley! A chance to own a globally recognized bubble tea brand in the heart of downtown Toronto.Located at Yonge and Gerrard, just steps from College subway station, the store has high visibility and is surrounded by high-rise condos,office towers, and steady daily traffic. Modern designed interior and featuring a patio set-up right by College Park, it offers both strong curbappeal and added seating. Turn-key business with a powerful brand recognition, unbeatable location, and growth potential. Rebranding is a possibility. Current base rent $5525.00 plus TMI and HST, with a lease until 2029 and an option to renew.

Sold data

Homes in Bay Street Corridor — recent sold market

Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $554,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$554,000
Sale-to-list ratio
96.3%
Sold above asking
16%

Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Bay Street Corridor)

Toronto (Bay Street Corridor) 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 (Bay Street Corridor)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 1 - 382 YONGE STREET