398 COLLEGE STREET W, Toronto (University)

$189,000

For sale: Other

Other at 398 COLLEGE STREET W, Toronto (University)
Property type
Sale Of Business
MLS®
MLS® C13489228
Neighbourhood
University

Prime Location on Vibrant College Street! Excellent opportunity to own a thriving restaurant business in one of Toronto's busiest commercial corridors. Located in a high-traffic area with exceptional pedestrian and vehicle exposure, this beautifully renovated space is currently operating as a successful Vietnamese Banh Mi and Pho restaurant with consistent income and a loyal clientele. Featuring almost-new chattels and equipment, updated mechanical systems, and significant potential for future growth and increased revenue. The prominent corner location offers outstanding visibility and is ideal for a wide range of retail or restaurant concepts. Approximately 1,150 sq. ft. on the main/ground level with two washrooms, plus an additional 1,200 sq. ft. on the lower level, providing ample space for operations, storage, or expansion. Conveniently situated near the University of Toronto, Kensington Market, Little Italy, and numerous condominium developments, benefiting from strong residential and student traffic. Easily adaptable to virtually any cuisine, restaurant concept, or franchise operation. A rare opportunity to establish or expand your business in a highly desirable downtown Toronto

Sold data

Other homes in Toronto (University) — recent sold market

Other homes in Toronto (University) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (University)

Toronto (University) 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 (University)

  • 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 398 COLLEGE STREET W