$449,000
For sale: Other

Excellent opportunity to own a high-exposure commercial property on busy Pharmacy Ave. Currently set up and operating as a restaurant, this property is ideal for an owner-operator, investor, or end-user looking for a flexible retail/commercial space in a growing east-end Toronto corridor. The property offers great street presence, visible signage potential, on-site parking, functional main-floor space, and additional basement storage. Excellent restaurant potential, with existing restaurant use and layout in place, while also allowing for a variety of other business uses, subject to buyer's own due diligence. Located near established residential neighbourhoods, local businesses, schools, parks, and major routes including Eglinton Ave E, St. Clair Ave E, and Warden Ave. Minutes to the new Eglinton Crosstown LRT, including the nearby Pharmacy stop, bringing added transit convenience and future growth potential to the area.
Sold data
Other homes in Toronto (Clairlea-Birchmount) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
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 (Clairlea-Birchmount) 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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