F - 2977 LAKE SHORE BOULEVARD W, Toronto (New Toronto)

$175,000

For sale: Other

Other at F - 2977 LAKE SHORE BOULEVARD W, Toronto (New Toronto)
Property type
Sale Of Business
MLS®
MLS® W13151432
Neighbourhood
New Toronto

Well-established and highly successful Middle Eastern restaurant operating since 1999. This long-standing business is a trusted staple in the Lake Shore community, proudly serving a loyal customer base and enjoying a strong local reputation. The owner is retiring and offering an excellent opportunity for an entrepreneur or operator to take over a proven and profitable business with continued growth potential. Training is available for the new owner to ensure a smooth transition. Features include a full basement, exterior patio for employees, and 1 rear parking space. Attractive lease terms with 3.5 years remaining plus a 5-year renewal option, along with low rent for the area. Please do not go direct.

Sold data

Other homes in Toronto (New Toronto) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (New Toronto) 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 (New Toronto)

  • 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 F - 2977 LAKE SHORE BOULEVARD W