$139,000
For sale: Other

NON-FRANCHISE RESTAURANT for sale in the Kingston & Morningside area. Excellent opportunity to own a well-established restaurant space in a busy plaza anchored by strong tenants, including LCBO, Dollarama, Shoppers Drug Mart, Food Basics, and major banks, generating steady traffic throughout the day. Approx. 2,150 sq. ft. with a functional layout suitable for many different food concepts. Currently set up with 70 seats with an LLBO License, a 20 ft commercial hood, walk-in cooler, and walk-in freezer. Ample plaza parking is available directly in front of the unit, offering convenience for dine-in customers, takeout, delivery, and catering operations.
Sold data
Other homes in Toronto (West Hill) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.
The median sale price was $67,500.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 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 (West Hill) 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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