4906 DUNDAS STREET W, Toronto (Islington-City Centre West)

$199,000

For sale: Other

Other at 4906 DUNDAS STREET W, Toronto (Islington-City Centre West)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13752094
Neighbourhood
Islington-City Centre West

Fantastic opportunity to acquire a fully equipped restaurant in a busy and growing Etobicoke neighbourhood. Operating for 13 years, and past recipient of the GEM of Etobicoke-Lakeshore award for "Best Retail Business - Food", this Asian-Latin fusion restaurant has become a neighbourhood staple with an established and loyal customer base. The space offers a warm and distinctive dining atmosphere with stone accent walls and a substantial bar/service area. The well-designed layout features a commercial kitchen with an 8-foot exhaust hood and cooking equipment, a dedicated dishwashing area, additional storage, two washrooms, and an inviting front patio. Licensed for 42 patrons under the existing LLBO licence, including 30 indoors and 12 on the patio. The sale includes an extensive list of restaurant equipment, furnishings, and chattels. An excellent turnkey opportunity to continue the existing operation, while also offering a new operator the flexibility to introduce their own concept without having to start from scratch. Free parking is available at the rear of the property, with convenient direct access through the restaurant's rear entrance - great for deliveries and day-to-day operations. Ideally located just steps from Dundas St W and Burnhamthorpe Rd, surrounded by established residential neighbourhoods and numerous existing and upcoming condominium developments. An excellent opportunity to take over an established restaurant in a location poised for continued growth.

Sold data

Other homes in Toronto (Islington-City Centre West) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (Islington-City Centre West) 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 (Islington-City Centre West)

  • 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 4906 DUNDAS STREET W