D - 267 COLLEGE STREET, Toronto (Kensington-Chinatown)

$490,000

For sale: Other

Other at D - 267 COLLEGE STREET, Toronto (Kensington-Chinatown)
Property type
Sale Of Business
MLS®
MLS® C13786232
Neighbourhood
Kensington-Chinatown

This established Pizza Nova presents an excellent opportunity to acquire a well-positioned food-service business in a highly active downtown Toronto location. The restaurant benefits from strong pedestrian and vehicle exposure in a vibrant commercial and residential area, surrounded by a dense mix of students, professionals, residents, and other businesses.The location is particularly well suited to a quick-service pizza concept, with takeout and delivery forming an important part of the business model. The store is also well established within the Pizza Nova brand and benefits from the company's broad menu, recognizable name, and established customer base.Online ordering platforms show strong customer engagement at this location, with more than 1,000 ratings on Uber Eats and positive customer feedback highlighting the pizza, hot food, friendly service, and convenience.With its established operation, recognizable franchise brand, strong surrounding demographics, and excellent downtown positioning, this is an attractive opportunity for an owner-operator or investor looking to acquire an established quick-service restaurant with potential for continued growth.

Sold data

Homes in Kensington Chinatown — recent sold market

Homes in Kensington Chinatown 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 54, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $639,999.

Homes sold for about 4.5% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$639,999
Sale-to-list ratio
95.5%
Sold above asking
10%

Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) 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 (Kensington-Chinatown)

  • 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 D - 267 COLLEGE STREET