4A - 3220 KINGSTON ROAD, Toronto (Cliffcrest)

$139,500

For sale: Other

Other at 4A - 3220 KINGSTON ROAD, Toronto (Cliffcrest)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® E12859300
Neighbourhood
Cliffcrest

Turnkey Restaurant Asset Sale - Prime Scarborough Location Exceptional Opportunity To Acquire A Fully Equipped, Turnkey Restaurant Business (Asset Sale -No Property) Located In A High-Traffic Plaza At 3220 Kingston Rd, Toronto (Kingston Rd & Mccowan Rd) In The Heart Of Scarborough. Situated In A Busy, Well-Established Commercial Plaza, This Location Benefits From Strong Daily Vehicular Traffic, Excellent Visibility, And Consistent Foot Traffic From The Surrounding Dense Residential Neighborhoods. The Plaza Is Anchored By Ultramar Gas Station, Drawing Continuous Customer Flow And Providing Excellent Exposure For The Restaurant. The Space Features A Modern, Recently Renovated Interior With Quality Fixtures, Furniture, And Equipment, All In Excellent Operating Condition. The Functional Layout Supports A Wide Variety Of Food Concepts And Cuisines, Making It Ideal For New Operators Or Existing Brands Looking To Expand. This Is A Rare Opportunity To Acquire A Ready-To-Operate Restaurant In One Of Scarborough's Established Commercial Corridors Without The Time And Cost Of Building From Scratch. Perfect For Entrepreneurs, Chefs, Or Restaurant Operators Looking To Launch Or Expand Their Brand In A High-Visibility Location.

Sold data

Other homes in Toronto (Cliffcrest) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (Cliffcrest) 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 (Cliffcrest)

  • 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 4A - 3220 KINGSTON ROAD