$179,900
For sale: Other

Located on a busy stretch of Dundas West, this recently renovated space is clean, functional, and well-maintained. $4370 Included (TMI, HST and HEAT) monthly rent. Currently operating as a successful Mediterranean Kebab, Breakfast and Shawarma quick-service restaurant, it can continue as-is or be converted to any style of cuisine. The seller will provide training and recipes to the new owner. The lease has 3.5 years remaining with options for a 5-year renewal. The business generates around $35K in monthly sales. The space is 900 square feet with a full basement for storage and is situated near schools, offices, retail, Streetcar station and other busy restaurants, with strong pedestrian until late Night and vehicle traffic. The property features a fully equipped commercial kitchen with an 8-foot exhaust system and an extensive list of equipment and small Backyard. Parking for one car is available at the rear of the property, List of chattel are available upon requested.
Sold data
Other homes in Toronto (Junction Area) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Junction Area) 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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