$1,100,000
For sale: Other

**Rare opportunity to acquire a well established and fully operational restaurant in a prime downtown Toronto location. Situated at 81 Church Street, steps from King subway station, the Financial District, St. Lawrence Market, major office towers, hotels and high density residential developments. **The impressive restaurant buildout features a spacious dining area with built in tabletop grills and exhaust systems, a commercial kitchen, bar, preparation and storage areas. **Excellent opportunity for an experienced operator or expanding hospitality group to continue the existing concept, subject to required approvals, or introduce a new concept in one of Toronto's busiest dining and business districts**
Sold data
Other homes in Toronto (Church-Yonge Corridor) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.
The median sale price was $75,000.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
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
Toronto (Church-Yonge Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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