713 COLLEGE ST STREET, Toronto (Palmerston-Little Italy)

$189,000

For sale: Other

Other at 713 COLLEGE ST STREET, Toronto (Palmerston-Little Italy)
Property type
Sale Of Business
MLS®
MLS® C12832446
Neighbourhood
Palmerston-Little Italy

Located in the heart of Little Italy, currently operating as a busy and popular Asian restaurant. Beautifully set up with a great layout, a very functional kitchen with a 9 to 12 ft kitchen exhaust and walk-in cooler in the basement. Can be easily converted to any concept. New and well-maintained 4 customer bathrooms. Full basement for storage. All cooling equipment and HVAC maintained on an annual basis. Current low rent of $5900/mth plus HST, very attractive for the area. Lease expiring in June 2030 + option of 5 years.

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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (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 713 COLLEGE ST STREET