14 TOWER DRIVE, Toronto (Wexford-Maryvale)

$129,000

For sale: Other

Other at 14 TOWER DRIVE, Toronto (Wexford-Maryvale)
Property type
Sale Of Business
MLS®
MLS® E14095890
Neighbourhood
Wexford-Maryvale

A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!

Sold data

Other homes in Toronto (Wexford-Maryvale) — recent sold market

Other homes in Toronto (Wexford-Maryvale) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.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 (Wexford-Maryvale)

Toronto (Wexford-Maryvale) 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 (Wexford-Maryvale)

  • 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 14 TOWER DRIVE