733 PAPE AVENUE, Toronto (Danforth)

$139,000

For sale: Other

Other at 733 PAPE AVENUE, Toronto (Danforth)
Property type
Sale Of Business
MLS®
MLS® E13781840
Neighbourhood
Danforth

Rare opportunity to own a profitable, reputable, and well-established grocery, fruit & vegetable store in a prime high-traffic location. Situated on a corner location next to a busy subway station, the store benefits from excellent visibility and consistent daily foot traffic. The business is well established, fully equipped, and professionally maintained, with a strong reputation among local customers. Business Highlights: Approximately 1,800 sq. ft. retail space; Prime corner location beside a busy subway station; High pedestrian traffic and excellent visibility; Fresh fruits and vegetables, groceries, and everyday essentials; Approx. $860k in yearly sales; 5 + 5 year lease; Well-equipped and maintained; Separate room available for setting up an additional business, subject to applicable regulations and approvals; Buyer can increase more sales by adding tobacco, beer and wine; Seller will provide training and assistance with daily operations; Strong potential for further growth and expansion. This is an excellent opportunity for an owner-operator or investor looking to acquire an established business with strong sales and a prime location.

Sold data

Other homes in Toronto (Danforth) — recent sold market

Other homes in Toronto (Danforth) took a median of 36 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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.

The median sale price was $67,500.

Homes sold for about 7.7% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
92.3%
Sold above asking
8%

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 (Danforth)

Toronto (Danforth) 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 (Danforth)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 733 PAPE AVENUE