165 THE QUEENSWAY, Toronto (Stonegate-Queensway)

$249,999

For sale: Other

Other at 165 THE QUEENSWAY, Toronto (Stonegate-Queensway)
Property type
Sale Of Business
MLS®
MLS® W13880516
Neighbourhood
Stonegate-Queensway

Excellent opportunity to own a restaurant and convenience store within the busy Ontario Food Terminal, benefiting from substantial daily foot traffic. Serving Canadian and Indian cuisine, the business generates revenue through food, cigarette and lottery sales. Reported weekly sales range from $6,000 to $7,000, including food and cigarettes, with an additional $2,500 in monthly lottery commissions. Currently operating 45 hours per week, the business offers potential to increase sales through extended operating hours. There is an opportunity to get LLBO license. Monthly rent of $2,750.06 includes heat, electricity, quarterly pest control, fire safety, TMI and GST. An attractive opportunity for an owner-operator seeking a business with multiple revenue streams in a busy commercial location.

Sold data

Other homes in Toronto (Stonegate-Queensway) — recent sold market

Other homes in Toronto (Stonegate-Queensway) took a median of 42 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 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.

The median sale price was $70,000.

Homes sold for about 8.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
43
Median sale price
$70,000
Sale-to-list ratio
91.4%
Sold above asking
11%

Based on 38 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 (Stonegate-Queensway)

Toronto (Stonegate-Queensway) 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 (Stonegate-Queensway)

  • 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 165 THE QUEENSWAY