637 BLOOR STREET W, Toronto (Palmerston-Little Italy)

$178,000

For sale: Other

Other at 637 BLOOR STREET W, Toronto (Palmerston-Little Italy)
Property type
Sale Of Business
MLS®
MLS® C13652902
Neighbourhood
Palmerston-Little Italy

Turnkey NUTTEA plant-based beverage cafe in a prime Bloor Street location in Toronto's Koreatown. Specializing in nut milk and tea-based drinks, the business may retain the existing brand or be reimagined as a cafe, bubble tea or specialty beverage concept. Approx. 1,411 SF, including 670 SF at street level and 741 SF basement. Professionally designed, fully equipped and ready to operate, with all equipment owned and no leases. New HVAC in 2023 and electrical upgrade in 2025. Established online presence with a 4.8-star Google rating and approx. 500 reviews. Rent is approx. $5,800/month, including Net Rent and TMI. Lease runs to May 31, 2028, plus a 5-year renewal option. Sale includes all furniture, fixtures, equipment, inventory, trade name and digital business assets. Ideal for continued operation or rebranding.

Sold data

Other homes in Toronto (Palmerston-Little Italy) — recent sold market

Other homes in Toronto (Palmerston-Little Italy) 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 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.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 6% 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
6%

Based on 35 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 (Palmerston-Little Italy)

Toronto (Palmerston-Little Italy) 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 (Palmerston-Little Italy)

  • 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 637 BLOOR STREET W