RETAIL UNIT - 1116 EGLINTON AVENUE W, Toronto (Forest Hill North)

$549,000

For sale: Other

Other at RETAIL UNIT - 1116 EGLINTON AVENUE W, Toronto (Forest Hill North)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® C14100706
Neighbourhood
Forest Hill North

Take over the enchanting world of Thobors' Eglinton location (business only), a renowned and established French bakery, patisserie and chocolatier who has been charming Toronto's taste buds for the past 19 years. Thobors prides itself with a delighting faithful clientele based on regulars, serving authentic handcrafted masterpieces freshly made on-site, daily. Nestled on the high-traffic Eglinton Ave. W, this charming patisserie location enjoys a street presence in a loyal community of food lovers. From crispy croissants and authentic artisan bread sandwiches, to their exquisite cakes creations, and a full line of house-made chocolates crafted by an in-house chocolatier, Thobors is known for quality, consistency and irresistible authentic flavour. The bakery blends time-honoured French techniques with modern flair, creating a warm and elegant atmosphere that keeps customers returning. This rare turn-key business takeover is a one of a kind in the bakery industry with the ability to max-out last minute orders during the busiest seasons and store them on site! Take over a fully equipped kitchen, humongous storage space and new equipment including a 200k new upscale cafe-style retail area with 25 seating capacity, new finishes and furniture, all proprietary recipes, branding assets, a well-established client base turnover, full training by the founders, and operational guidance offered in the purchase price. Everything is made possible to recreate, continue and expand with your own special touch or as is ! Perfectly positioned for continued growth and expansion in one of Toronto's most desirable neighborhoods, hop on this exceptional chance to own a piece of the city's vibrant and rooted culinary scene and become part of Toronto family's daily routine and happiness ! Support and training available upon request. Please out of curtesy, do not solicit staff or sellers during business hours. Your discretion is deeply appreciated.

Sold data

Other homes in Toronto (Forest Hill North) — recent sold market

Other homes in Toronto (Forest Hill North) 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.

Median days to sell
41
Median sale price
$75,000
Sale-to-list ratio
91.8%
Sold above asking
11%

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 (Forest Hill North)

Toronto (Forest Hill North) 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 (Forest Hill North)

  • 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 RETAIL UNIT - 1116 EGLINTON AVENUE W