2207 GERRARD STREET E, Toronto (East End-Danforth)

$95,000

For sale: Other

Other at 2207 GERRARD STREET E, Toronto (East End-Danforth)
Property type
Sale Of Business
MLS®
MLS® E13689156
Neighbourhood
East End-Danforth

Location, Location, Location. Excellent Opportunity To Own A Well-Established Dry-Cleaning Business In The Heart Of Toronto In A Very Convenient Location With Very Low Rent Structure. This Business Is Ideal For An Owner-Operator Looking For A Manageable Operation With Potential For Growth. The Store Benefits From An Established Customer Base And Provides Dry-Cleaning And Garment-Care Services To The Local Community. Great Opportunity For An Entrepreneur To Take Over An Existing Operation And Expand Services, Marketing, And Customer Base. Several New Condos Being Developed Directly Across From And Around The Property. Training And Transition Assistance Can Be Discussed. Flexible Opportunity For A Motivated Buyer. A Large Basement Included In Rent And Provides Ample Storage Space.

Sold data

Other homes in Toronto (East End-Danforth) — recent sold market

Other homes in Toronto (East End-Danforth) 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 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.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 6% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
6%

Based on 35 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 (East End-Danforth)

Toronto (East End-Danforth) 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 (East End-Danforth)

  • 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 2207 GERRARD STREET E