2977 LAKE SHORE BOULEVARD W, Toronto (New Toronto)

$145,000

For sale: Other

Other at 2977 LAKE SHORE BOULEVARD W, Toronto (New Toronto)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13094014
Neighbourhood
New Toronto

Excellent location for passionate new owners. Could be offered as a franchise with zero franchise fee, otherwise you could turn it into your own dream restaurant. Previous restaurant owner used basement for entertaining small parties (fully renovated basement to accommodate such small events or alternatively a complimentary business - such as a game room, etc)

Sold data

Homes in New Toronto — recent sold market

Homes in New Toronto took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 37, across 88 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $934,450.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

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

Median days to sell
21
Median sale price
$934,450
Sale-to-list ratio
96.3%
Sold above asking
14%

Based on 88 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 (New Toronto)

Toronto (New Toronto) 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 (New Toronto)

  • 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 2977 LAKE SHORE BOULEVARD W