$248,888
For sale: Other

Excellent opportunity to acquire a 35 year+ established jewellery and gift business, ideally located in The Albion Centre (formerly Albion Mall), a longstanding and well-known community shopping destination in Etobicoke. Positioned within a busy retail environment at Albion Rd and Finch Ave W, the business benefits from excellent exposure and steady customer activity from the diverse mix of national retailers, restaurants, services and everyday-needs businesses. Anchored by major retailers including Canadian Tire, No Frills, Shoppers Drug Mart and Dollarama, attracting a broad and consistent customer base from the surrounding residential community. The business is also recognized as an authorized Citizen Watch retailer, providing an established brand relationship and additional credibility. Ideal for an owner-operator, investor or entrepreneur seeking an established retail business in a highly accessible and well-established location. Opportunity to build upon the existing operation, expand product offerings and services, and further develop its customer base. Financial information available to qualified purchasers upon execution of a confidentiality agreement. A rare opportunity to take over an established retail operation in one of Etobicoke's established shopping destinations!
Sold data
Other homes in Toronto (Mount Olive-Silverstone-Jamestown) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $75,000.
Homes sold for about 7.3% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 16% 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 (Mount Olive-Silverstone-Jamestown) 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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