461 QUEEN STREET W, Toronto (Kensington-Chinatown)

$199,000

For sale: Other

Other at 461 QUEEN STREET W, Toronto (Kensington-Chinatown)
Property type
Sale Of Business
MLS®
MLS® C12863826
Neighbourhood
Kensington-Chinatown

Well-established Chatime bubble tea franchise is located at 461 Queen St W, in the heart of Toronto's vibrant Queen West district. Toronto will host six FIFA World Cup 2026 matches. This may bring more traffic, more visitors, and better sales potential for downtown businesses. Now the subway is being built right beside it. This well-established store has been operating successfully for over 6 years and generates strong, consistent annual sales. Excellent opportunity to acquire a recognized global brand in one of the city's busiest retail corridors. The location benefits from heavy pedestrian traffic and is surrounded by popular restaurants, retail shops, entertainment venues, and dense residential communities. Affordable rent for a downtown location and a secure lease with renewal options provide stability for the next operator. Turnkey operation with established systems and a loyal customer base. Do not talk directly to the employee.

Sold data

Other homes in Toronto (Kensington-Chinatown) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (Kensington-Chinatown) 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 (Kensington-Chinatown)

  • 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 461 QUEEN STREET W