734 Spadina Ave, Toronto C01

$299,000

For sale: Other

Other at 734 Spadina Ave, Toronto C01
Property type
Sale Of Business
MLS®
MLS® C12907188
Neighbourhood
University

Amazing opportunity to own an established and fully-renovated shisha & entertainment lounge with a full commercial kitchen. Prime location facing Spadina, with a 17-storey condo building above. Strategically located across from U of T, and steps to the Spadina Subway station. Could be converted to a banquet hall, restaurant & bar, billiards, etc. Full kitchen with exhaust hood, grill, fryers, walk-in freezer, walk-in coolers, prep tables, etc. Long lease 7.5 years + 5 years option to renew. 110 seats + 80 seat patio. Used to have L.L.B.O. - possible to obtain the license again. Don't miss this one! Value priced to sell - Equipment & set-up worth the price!

Sold data

Homes in University — recent sold market

Homes in University took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 51, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.

The median sale price was $1,429,000.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 25% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$1,429,000
Sale-to-list ratio
96.0%
Sold above asking
25%

Based on 63 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 C01

Toronto C01 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 C01

  • 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 734 Spadina Ave