$159,990
For sale: Other

A fantastic chance to step into your next food venture at the busy corner of The Queensway & Royal York. Either keep current Pizza/Wings concept w/ strong revenue $$$ (Name not included) or Re-brand with new food concept. Surrounded by a vibrant mix of condos, family homes, schools, and local shops, this spot enjoys consistent foot traffic and a built-in customer base. The space offers great exposure and easy access, making it ideal for both grab-and-go and dine-in concepts. Spanning approximately 1,000sq. ft., it comes equipped with a beautiful wood-burning Pizza oven, basement storage w/ 2 washrooms, and updated key equipment-giving you a strong head start from day one. The layout is efficient and adaptable, perfect for a wide range of quick-service concepts with minimal upfront investment. Rent is $3,600 all-in (TMI &HST included), with 5 years remaining on the lease and an additional 5-year renewal option in place. Interior seating 16, Patio legally seats 10. 1 parking spot included in back of building. Turn the key, bring your concept, and get cooking.
Sold data
Other homes in Toronto (Stonegate-Queensway) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Stonegate-Queensway) 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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