$298,800
For sale: Other

Outstanding Opportunity To Own An Established, Fully Equipped Café/Restaurant With A REMARKABLY LOW MONTHLY RENT OF $3,751.78, Including TMI & HST! Lease In Place Until August 2029 With An Additional 5-Year Option To Renew, Providing Long-Term Stability And Flexibility For The New Owner. Located In A Prominent Commercial Complex Surrounded By Established Businesses And Corporate Offices, This Turnkey Operation Offers The Flexibility To Continue The Existing Business Or Introduce A New Concept. The Business Is Currently Operating And Fully Set Up, With A Commercial Kitchen Featuring A 10" Hood, Pizza Oven And Extensive Kitchen Equipment. The Substantial Equipment And Existing Infrastructure Provide An Excellent Foundation For An Owner-Operator Or Food-Service Entrepreneur. The Space Offers Approximately 30 Indoor Seats Plus A 24-Seat Outdoor Patio, Creating An Attractive And Versatile Setting For A Wide Range Of Food-Service Concepts. Garbage Collection Is Approximately $100/Month. This Opportunity Offers A New Owner The Ability To Step Into An Established Food-Service Environment And Shape It Around Their Own Concept And Business Goals.
Sold data
Other homes in Toronto (York University Heights) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
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 (York University Heights) 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.
Currently for sale

$284,000
Other633 MOUNT PLEASANT ROAD, Mount Pleasant East, Toronto

$299,000
Other3 - 1 GLENN HAWTHORNE BOULEVARD, Hurontario, Mississauga

$269,999
OtherE2E - 9600 ISLINGTON AVENUE, Sonoma Heights, Vaughan

$349,000
Other101 - 3737 MAJOR MACKENZIE DRIVE, Vellore Village, Vaughan

$259,000
Other8A - 180 SANDALWOOD PARKWAY E, Heart Lake, Brampton

$248,000
Other53 - 80 MARITIME ONTARIO BOULEVARD, Airport Road/ Highway 7 Business Centre, Brampton

$365,000
Other729 DANFORTH AVENUE, Blake-Jones, Toronto

$349,000
Other111 - 507 LAKESHORE ROAD, Port Credit, Mississauga