$275,000
For sale: Other

Amazing opportunity to own a well-established bar BURRITO franchise in the heart of North York, can be converted into the other brand or buyer can come with their own concept. This turnkey business features weekly sales of approximately $8,000-$9,000, generating an estimated $4,000 monthly profit. Attractive lease with 5+5 years remaining and affordable rent of $5,000/month including TMI. Fully operational with a loyal customer base and strong franchise support. Ideal for owner-operators or investors looking for a profitable business with proven cash flow. Training available for qualified buyers.
Sold data
Other homes in Toronto (Humberlea-Pelmo Park) 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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
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
Toronto (Humberlea-Pelmo Park) 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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