$185,000
For sale: Other

Be your own boss of a well established and profitable restaurant. Featuring Chinese Hakka menu with loyal customer base and multiple stores across Toronto. Easy turn key operation, training can be provided if needed. Set up for dine-in (25 seats, 3 washrooms), take-out and online delivery. Spacious kitchen with 2 walk-in coolers, 21.5 foot exhaust hood, frying and wok stations and more. Over $200,000 in renovations and equipment. Other cuisines and menus are possible. Located in high traffic Finchdale Plaza anchored by Centra Food Market, Shoppers Drug Mart, Canada Post, TD Bank and surrounded by homes and apartments. Base Rent $32/PSF + TMI (Basic HVAC, CAM, Taxes, HST), includes ample customer parking, snow clearing and garbage disposal.
Sold data
Other homes in Toronto (Humber Summit) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.
The median sale price was $67,500.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 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
Toronto (Humber Summit) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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