$489,000
For sale: Other

Excellent opportunity to take over profitable franchise bubble Tea Store in the heart of Downtown Toronto. well-located retail unit on busy Yonge St. Approx. 750 sq.ft. Well known Gong Cha Franchise. Very Good Sales record, available from last 3years legitimate sales record. 3 employees working in 2 shifts. open from 11am till 2am. very busy store, close to TMU and University of Toronto. After all expenses Owner take home good profit. Turn key operation.
Sold data
Other homes in Toronto (Church-Yonge Corridor) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
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
Toronto (Church-Yonge Corridor) 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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