1970 Lawrence Ave E, Toronto E04

$159,000

For sale: Other

Other at 1970 Lawrence Ave E, Toronto E04
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® E13723864
Neighbourhood
Wexford-Maryvale

Excellent opportunity to acquire a fully equipped, turnkey restaurant in a busy Scarborough plaza. The premises feature approximately 813 Sq.ft. with a Professionally designed commercial kitchen including a 10 foot exhaust hood, Fire suppression system, make -up air unit, HVAC System, Grease Trap, gas line, walk in Cooler/Freezer, Clover System, 15 seating's and quality kitchen equipment. The restaurant is ideal for takeout, Catering or dine-in. Conveniently located on a high-traffic confider with excellent visibility, ample Customer parking and Strong residential and Commercial Surroundings. The sale includes the business assets, equipment, lease hold improvements, goodwill and existing branding. This is an excellent opportunity for an owner-operator or an established restaurant group looking to expand. Turnkey restaurant operation. Fully equipped commercial kitchen . Halal restaurant concept. Excellent exposure and customer parking. Suitable for Indian, Sri Lankan, middle eastern, Pakistani or other permitted food concepts.

Sold data

Other homes in Toronto E04 — recent sold market

Other homes in Toronto E04 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.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 E04

Toronto E04 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 E04

  • 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 1970 Lawrence Ave E