2574 BIRCHMOUNT ROAD, Toronto (Tam O'Shanter-Sullivan)

$289,000

For sale: Other

Other at 2574 BIRCHMOUNT ROAD, Toronto (Tam O'Shanter-Sullivan)
Property type
Sale Of Business
MLS®
MLS® E13793444
Neighbourhood
Tam O'Shanter-Sullivan

**Excellent Opportunity To Own A Well-Established Restaurant Business In The Heart Of Scarborough!** Hunters Hut Has Been Proudly Serving The Community For 47 Years, Building A Loyal Customer Base And Strong Reputation. Prime High-Visibility Location With Consistent Foot Traffic, Approx. 75 Seats, And A Fully Liquor-Licensed Premises. Turnkey Operation With A Well-Equipped Setup And Excellent Potential For Continued Growth. Stable Gross Sales Of Approximately $900K Annually And Reported Net Income Of Over $250K Per Year. Ideal For An Experienced Operator Or Entrepreneur Looking To Step Into An Established Business. Seller Is Offering Training To Ensure A Smooth Transition. Opportunity To Continue The Existing Concept Or Rebrand Into A New Cuisine, Restaurant Concept, Or Franchise. Monthly Rent Of $8,626.72, Including TMI & HST. Lease Term Until September 14, 2027, With A 5-Year Renewal Option. Don't Miss This Opportunity To Take Over A Proven Business In A Strong Scarborough Location! ,Operating Hours Sun-Thur 7am to 11pm , Fri & Sat 7am -2am.

Sold data

Other homes in Toronto (Tam O'Shanter-Sullivan) — recent sold market

Other homes in Toronto (Tam O'Shanter-Sullivan) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.

The median sale price was $67,500.

Homes sold for about 7.7% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
92.3%
Sold above asking
8%

Based on 36 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 (Tam O'Shanter-Sullivan)

Toronto (Tam O'Shanter-Sullivan) 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 (Tam O'Shanter-Sullivan)

  • 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 2574 BIRCHMOUNT ROAD