$258,000
For sale: Other

Location! Location! Location!Rare Opportunity to Own a Well-Established and Highly Recognized Restaurant in the Heart of Chinatown, Downtown Toronto, Just Steps to Spadina Ave, Dundas St W and the Art Gallery of Ontario (AGO). This Iconic Restaurant Has Been Successfully Operating for Over 15 Years and Has Built a Strong Reputation with Loyal Local Customers, Students, Office Workers and Tourists from Around the World.Fully Equipped Commercial Kitchen Featuring a Large Commercial Exhaust Hood System, Huge Walk-In Cooler and Walk-In Freezer, Extensive Food Preparation Areas, Ample Storage Space, and Significant Capital Improvements Invested by the Current Owner. Turnkey Operation with Excellent Sales and Strong Cash Flow.Situated in One of Toronto's Busiest Pedestrian and Tourist Corridors with Exceptional Exposure and Constant Foot Traffic Year-Round. Strong Existing Customer Base and Outstanding Online Reputation.Don' Miss This Exceptional Opportunity - Low Rent !Must See!
Sold data
Homes in Kensington Chinatown took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 64, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $614,400.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Kensington-Chinatown) 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.
Currently for sale

$249,000
Other101 - 652 SPADINA AVENUE, University, Toronto

$248,000
Other811 QUEEN STREET W, Niagara, Toronto

$250,000
Other5122 DUNDAS STREET W, Islington-City Centre West, Toronto

$300,000
Other480 DUNDAS STREET W, Kensington-Chinatown, Toronto

$280,000
Other143 - 171 EAST LIBERTY STREET, Niagara, Toronto

$280,000
Other2863 Dundas St W, Junction Area, Toronto W02

$269,000
Other25 THE WEST MALL #, Islington-City Centre West, Toronto

$249,000
Other2 - 7091 HURONTARIO STREET, Gateway, Mississauga