MAIN - 422 COLLEGE STREET, Toronto (University)

$163,000

For sale: Other

Other at MAIN - 422 COLLEGE STREET, Toronto (University)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® C13229580
Neighbourhood
University

An outstanding opportunity to acquire a fully equipped, turnkey restaurant in one ofToronto's most vibrant dining destinations.Prime Corner Location - College Street & Bathurst, Little ItalyAsset Sale Only: The Bollywood Tacos brand, recipes, trademarks, website, social media accounts, and intellectual property are not included.Property Features Approximately 980 sq. ft. High-visibility corner location Fully renovated interior Two washrooms Double air-conditioning systemLease Information Lease until May 2030 Current rent: $3,250/month + TMI Potential 5-year extension (subject to landlord approval) Lease assignment subject to landlord approvalCommercial Kitchen Equipment: 7' hood with fire suppression, walk-in cooler, two reach-in freezers, refrigerated prep table, Garland 6-burner range with oven, flat-top griddle, flame grill, deep fryers, 3-compartment sink, dishwasher, stainless prep tables, double-door display refrigerator, ice maker, soft-serve machine, double-head slushy machine, food pans, shelving, smallwares, cutlery, serving bowls, furniture, fixtures, and additional kitchen equipment.Licensing: Current City of Toronto licence: Eating and Drinking Establishment.Previously licensed to serve alcohol.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 MAIN - 422 COLLEGE STREET