783 QUEEN STREET W, Toronto (Niagara)

$3,750,000

For sale: Other

Other at 783 QUEEN STREET W, Toronto (Niagara)
Property type
Investment
MLS®
MLS® C13829590
Neighbourhood
Niagara

POSITIONED IN THE CORE OF WEST QUEEN WEST, ONE OF TORONTO'S MOST IN-DEMAND AND TREND-DRIVEN NEIGHBOURHOODS * HISTORIC BUILDING DATING BACK TO 1889 * OFFERING APPROXIMATELY 3,550 SQUARE FEET ACROSS THREE LEVELS PLUS A FULLY FINISHED BASEMENT * MAIN FLOOR IS CURRENTLY BUILT OUT AS A FULLY LICENSED, MODERN RESTAURANT WITH STRONG STREET PRESENCE - SECOND FLOOR OPERATES AS A LICENSED, HIGH-TRAFFIC HAIR SALON WITH ADDITIONAL STORAGE SPACE AND A WALKOUT TO A ROOFTOP DECK.IMPRESSIVE 21.5 FOOT CEILINGS ON THE SECOND FLOOR CREATE A DRAMATIC AND OPEN ENVIRONMENT.THIRD FLOOR MEZZANINE OVERLOOKS BOTH THE SALON AND ROOFTOP, CURRENTLY USED FOR OFFICE AND CUSTOMER SERVICE FUNCTIONS.FULLY FINISHED BASEMENT INCLUDES SEPARATE MEN'S AND WOMEN'S WASHROOMS, STORAGE AREAS,UTILITY ROOM, WALK-IN COOLER, AND MECHANICAL SPACE * OFFERRED TO MARKET AT A 4.8% CAP RATE. ANNUAL NET NET INCOME - $180,000.00

Sold data

Homes in Niagara — recent sold market

Homes in Niagara took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 42, across 143 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $629,000.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$629,000
Sale-to-list ratio
97.4%
Sold above asking
11%

Based on 143 recorded sales in the last 90 days. 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 783 QUEEN STREET W