40 WELLINGTON STREET E, Toronto (Church-Yonge Corridor)

$399,000

For sale: Other

Other at 40 WELLINGTON STREET E, Toronto (Church-Yonge Corridor)
Property type
Sale Of Business
MLS®
MLS® C13556948
Neighbourhood
Church-Yonge Corridor

STUNNING ANDCENTRALLYLOCATEDRESTAURANTFOR SALE IN OLDTOWN TORONTO. 2,500 SQUARE FEET ON THE MAIN FLOOR WITH A FUNCTIONAL LOWER LEVEL. LIQUOR LICENSE IN PLACE FOR 68 GUESTS ON THE MAIN FLOOR AND 22 IN THE PRIVATE LOWER LEVEL DINING ROOM. FRONT PATIO POTENTIAL. FULLY EQUIPPED KITCHEN WITH LARGE EXHAUST HOOD, FULL GAS RANGE AND WALK-IN COOLER. GREAT FRONTAGE AND STREET EXPOSURE. STRONG TRAFFIC AND CUSTOMER BASE FOR BREAKFAST, LUNCH AND DINNER. RECENTLY RENOVATED TOP TO BOTTOM WITH REAL ATTENTION TO DETAIL. HIGH CEILINGS, GREAT FINISHES AND A REAL INTIMATE FEEL. A GREAT LAYOUT FOR VARIOUS STYLES OF SERVICE AND ANY HOSPITALITY OPERATION.

Sold data

Other homes in Toronto (Church-Yonge Corridor) — recent sold market

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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Church-Yonge Corridor)

Toronto (Church-Yonge Corridor) 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 (Church-Yonge Corridor)

  • 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 40 WELLINGTON STREET E