$238,000
For sale: Other

A rare opportunity to acquire a well-established restaurant with over 14 years of successful operation in one of Toronto's most desirable neighbourhoods. This business has built a strong reputation with a loyal, local, and repeat customer base, delivering stable and consistent revenue. The current owner is retiring, offering a genuine opportunity to take over a proven concept with immediate cash flow. The space features a private open backyard patio, adding valuable dining space and seasonal upside. A major bonus is the large basement with walk-in cooler and extensive storage, allowing for efficient operations and scalability. Turn-key business with an established presence and built-in clientele.
Sold data
Other homes in Toronto (Roncesvalles) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Roncesvalles) 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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