RETAIL AND UPPER - 627 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East)

$499,000

For sale: Other

Other at RETAIL AND UPPER - 627 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East)
Property type
Sale Of Business
MLS®
MLS® C14100708
Neighbourhood
Mount Pleasant East

Take over the enchanting world of Thobors on the most coveted Mt Pleasant rd (business only), all assets included (leased retail+2 bdr apt). Thobors is a renowned and established French bakery, patisserie and chocolatier who has charmed Toronto's taste buds for the last 19 years. This location shines with a faithful clientele based on 90% of regulars, serving authentic handcrafted masterpieces made on-site daily. It enjoys a coveted 10/10 walk score in the deeply rooted, upscale Mt Pleasant Rd's loyal community of food lovers. From crispy croissants and authentic artisan breads to their exquisite cake creations, and a line of chocolates crafted by an in-house chocolatier, Thobors has earned a reputation for quality, tradition, consistency and irresistible flavors. Take over blending time-honoured techniques, business strategies including a self-managed faithful staff with a proactive supply-demand dynamic. The lease contract includes the upper level 2 bdr apartment, which can allow for multiple streams of income with extension opportunities for private events, a cafe area; just imagine! This rare turn-key business takeover boasts a one of a kind storage capacity for comparable businesses in the industry. Included: fully-equipped kitchen, improved retail area, all proprietary recipes, branding assets, a well-established client base turnover, and full training with operational transition/guidance offered upon request.This is by definition a seamless continuation of operations that is all yours to recreate! Perfectly positioned for continued growth in one of Toronto's most desirable neighborhood, hop on this exceptional chance to own a piece of the city's vibrant and rooted culinary scene with tons of growth opportunities allowing you to redefine, grow and scale the business as you wish! Please do not go directly or speak to staff. Please out of curtesy, do not solicit staff or sellers during business hours. Your discretion is deeply appreciated.

Sold data

Other homes in Toronto (Mount Pleasant East) — recent sold market

Other homes in Toronto (Mount Pleasant East) took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, across 36 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 86 days.

The median sale price was $70,000.

Homes sold for about 8.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$70,000
Sale-to-list ratio
91.4%
Sold above asking
11%

Based on 36 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 (Mount Pleasant East)

Toronto (Mount Pleasant East) 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 (Mount Pleasant East)

  • 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 RETAIL AND UPPER - 627 MOUNT PLEASANT ROAD