$129,000
For sale: Other

An excellent opportunity to acquire an established Hero Certified Burgers franchise located in the food court at the University of Toronto Scarborough Campus. Recently renovated and situated within a busy university environment, this business benefits from prominent exposure and consistent foot traffic. The food court setting offers the convenience of low maintenance and less cleaning, helping keep operating costs low. Features include a fully equipped, ready-to-operate setup, a lengthy lease with a renewal option, and franchise training and support. Low rent, including utilities, makes this an attractive opportunity for an owner-operator, first-time business owner, or an existing food service operator looking to expand. Potential to increase revenue by extending operating hours and opening on weekends. Inventory is extra. An ideal opportunity to step into an established franchise business with a relatively low initial investment! Please maintain strict confidentiality. Do not approach the business directly or communicate with any employees regarding the sale.
Sold data
Homes in Highland Creek took a median of 18 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 36, across 64 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $1,199,450.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 64 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 (Highland Creek) 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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