$108,800
For sale: Other

Prestigious Yonge Street location offering an exceptional opportunity for an established or aspiring food-service operator. Currently operating as a creperie and dessert café, this double-unit premises (5417-5419) is substantially larger than many of the surrounding restaurant establishments, providing excellent space and flexibility for a variety of concepts. The business is being sold as-is, including existing chattels and fixtures. The bright, well maintained premises features a spacious kitchen, storage room, mezzanine for additional inventory and supplies, and a well-maintained washroom. A second washroom is also available if required. Ideally suited for a variety of food-service concepts, including a café, coffeeshop, dessert establishment, or other food-related business, subject to applicable approvals. Excellent exposure and pedestrian traffic, surrounded by condominiums, established residential neighbourhoods, and a wide variety of retail businesses. TTC service is conveniently located at the door, with the subway station within walking distance. A rare opportunity to establish or expand a food business in a highly desirable and well-established Yonge Street location where rent is negotiable and no lease will be transferred.
Sold data
Homes in Willowdale East took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 46, across 176 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.
The median sale price was $625,400.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 176 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Willowdale East) 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.
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