987 BAY STREET, Toronto (Bay Street Corridor)

$149,000

For sale: Other

Other at 987 BAY STREET, Toronto (Bay Street Corridor)
Property type
Sale Of Business
MLS®
MLS® C13638908
Neighbourhood
Bay Street Corridor

Prime location featuring an established, high-income shawarma restaurant offered as a turnkey business opportunity. Situated in a high-traffic area near the University of Toronto, the property benefits from a rapidly expanding population of both residents and office professionals. This corner unit offers excellent exposure and is located within a prominent residential and retail complex. All existing chattels, equipment, and the full exhaust system are included. This space is ideally suited for a variety of culinary concepts, including Greek, Thai, Vietnamese, or Chinese cuisine. Net rent is $7,297.50 per month, plus T.M.I.

Sold data

Other homes in Toronto (Bay Street Corridor) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (Bay Street Corridor) 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 (Bay Street Corridor)

  • 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 987 BAY STREET