UNIT # 108-109 - 8130 SHEPPARD AVENUE E, Toronto (Rouge)

$299,000

For sale: Other

Other at UNIT # 108-109 - 8130 SHEPPARD AVENUE E, Toronto (Rouge)
Property type
Sale Of Business
Bedrooms / bathrooms
4 bathrooms
MLS®
MLS® E13745302
Neighbourhood
Rouge E11

A rare chance to take over a sleek, modern restaurant space that's fully operational, no need to build from scratch. A one of the Best fine dinerestaurant in the prime Scarborough area with excellent visibility and foot traffic. 3,312 sq. ft. of space designed by a professional interiordecorator features a spacious dining area with ample seating, and an elegantly designed bar area, creating the perfect ambiance for a high-enddining experience. A modern fully equipped kitchen including a 30 ft hood, walk-in cooler and freezer, and high-end appliances. Generating over$1.1M in annual sales (last year), this is a proven, successful operation. Favorable lease terms with 2 + 5 + 5 years remaining and very low rentof ~$10,240 (including base rent, TMI, Garbage Bin & Water) + HST make this an exceptional opportunity for investors or owner-operators. Thereis also a great opportunity to convert this space into any other brand or dining concept, offering flexibility to suit your vision.

Sold data

Other homes in Toronto (Rouge) — recent sold market

Other homes in Toronto (Rouge) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (Rouge)

Toronto (Rouge) 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 (Rouge)

  • 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 UNIT # 108-109 - 8130 SHEPPARD AVENUE E