8 - 228 QUEENS QUAY W, Toronto (Waterfront Communities)

$178,888

For sale: Other

Other at 8 - 228 QUEENS QUAY W, Toronto (Waterfront Communities)
Property type
Sale Of Business
MLS®
MLS® C13058540
Neighbourhood
Waterfront Communities C1

BE YOUR OWN BOSS - RARE WATERFRONT RETAIL OPPORTUNITY ON QUEENS QUAY, IDEALLY POSITIONED IN ONE OF TORONTO'S MOST VIBRANT AND HIGH-TRAFFIC WATERFRONT COMMUNITIES, WITH ANTICIPATED INCREASED TOURISM DRIVEN BY UPCOMING FIFA WORLD CUP EXPECTED TO DRAW OVER 300,000 VISITORS TO THE CITY. CURRENTLY OPERATING AS BACCO MARKET, A PREMIUM EUROPEAN-STYLE BOTTEGA AND SPECIALTY FOOD MARKET, THIS IS AN EXCELLENT OPPORTUNITY FOR AN ENTREPRENEUR TO TAKE OVER A WELL-ESTABLISHED, RECOGNIZED, AND TURN-KEY STOREFRONT IN AN UNBEATABLE LOCATION. THE PREMISES OFFER APPROXIMATELY 1,200 SQ. FT. OF EFFICIENTLY LAID-OUT SPACE, FEATURING A CURATED IN-STORE RETAIL PROGRAM, HIGH-END FIXTURES AND LEASEHOLD IMPROVEMENTS, AND A FULLY INTEGRATED ONLINE ORDERING PLATFORM SUPPORTING BOTH IN-STORE AND DELIVERY SALES.THE BUSINESS BENEFITS FROM STRONG BRAND PRESENCE, AN ESTABLISHED CUSTOMER BASE, AND MULTIPLE REVENUE STREAMS INCLUDING GROCERY, PREPARED FOODS, AND SPECIALTY IMPORTS. EXISTING LICENSING INCLUDES LOTTERY, TOBACCO, ALCOHOL, AND FOOD PREPARATION. SURROUNDED BY MAJOR ANCHORS AND DESTINATIONS SUCH AS LOBLAWS, STARBUCKS, SHOPPERS DRUG MART, BILLY BISHOP AIRPORT, THE TORONTO MUSIC GARDEN AND THE WATERFRONT TRAIL, THE LOCATION BENEFITS FROM EXCEPTIONAL FOOT TRAFFIC, A DENSE RESIDENTIAL COMMUNITY, AND CONSISTENT YEAR-ROUND TOURISM . AN IDEAL OPPORTUNITY FOR AN OWNER-OPERATOR OR BRAND LOOKING TO EXPAND INTO A HIGH-EXPOSURE WATERFRONT LOCATION WITH EXISTING INFRASTRUCTURE AND IMMEDIATE OPERATING CAPABILITY.

Sold data

Homes in Waterfront Communities — recent sold market

Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $622,500.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$622,500
Sale-to-list ratio
96.4%
Sold above asking
12%

Based on 420 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) 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 (Waterfront Communities)

  • 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 8 - 228 QUEENS QUAY W