$289,000
For sale: Other

**Prime Downtown Location | Established Food Franchise Opportunity**Excellent downtown location situated within the building's food court with direct subway access. Established food operation offering the opportunity to take over an existing business with the support of a leading food franchisor, Recipe Unlimited.The location generates **$900,000+ in annual sales**. Current monthly rent is approximately **$14,979**, with the existing lease extending to 2033. The current operator holds the premises under a sublease from the franchisor. As the lease approaches expiry, the franchisor will work with the landlord regarding a new lease and potential extension.The franchisor provides comprehensive training and ongoing operational support to the new operator, both prior to and throughout ownership. **Prior food service or restaurant operating experience is preferred.**A strong opportunity for an experienced operator or family looking to establish and grow a food service business in Canada, with an established location, strong sales history, and franchisor support already in place.
Sold data
Other homes in Toronto (Church-Yonge Corridor) 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 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.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 6% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 35 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 (Church-Yonge Corridor) 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.