740 KING STREET W, Toronto (Niagara)

$175,000

For sale: Other

Other at 740 KING STREET W, Toronto (Niagara)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® C13656172
Neighbourhood
Niagara

Prime King West restaurant opportunity in the heart of Toronto, just steps from Bathurst on one of the city's busiest and most walkable dining and entertainment corridors. Surrounded by thriving restaurants, nightlife, retail, offices and boutique condo developments, this turnkey space offers excellent exposure and constant pedestrian activity. Fully equipped commercial kitchen with single-deck pizza oven, walk-in cooler and freezer, and 9-foot industrial hood. Stylish dining room features blonde wood tables, bench seating, wide-plank floors, custom tiled bar and whitewashed brick walls, while floor-to-ceiling windows open fully to the street in warmer months. European-style covered patio with string lighting adds a unique outdoor dining experience and is licensed for 10 with 30 seats inside. Full basement, 2 washrooms and 2 parking spaces. Attractive lease rate of approximately $8300 including TMI, with approximately 2 years remaining plus a 10-year renewal option. No restrictions on concept or cuisine, offering an exceptional opportunity for a new operator to take advantage of one of Toronto's most established and sought-after restaurant locations. Please do not go direct or speak to staff.

Sold data

Other homes in Toronto (Niagara) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.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

Toronto (Niagara) 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 (Niagara)

  • 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 740 KING STREET W