K-7 - 2900 WARDEN AVENUE, Toronto (L'Amoreaux)

$149,000

For sale: Other

Other at K-7 - 2900 WARDEN AVENUE, Toronto (L'Amoreaux)
Property type
Sale Of Business
MLS®
MLS® E13737290
Neighbourhood
L'Amoreaux

Well-established lottery store located in a busy mall with steady foot traffic and many repeat customers. Multiple income streams including lottery commissions and other services. Low monthly rent of approx. $2,750 + HST including TMI and utilities. Short operating hours from 10 AM-7 PM daily. Simple operation and can be run by one person. Approx. 4.4 years remaining on the lease plus a 5-year renewal option. Current owner has operated the business for 6 years and is selling due to other business commitments. Great opportunity for an owner-operator with potential to further increase revenue.

Sold data

Other homes in Toronto (L'Amoreaux) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (L'Amoreaux) 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 (L'Amoreaux)

  • 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 K-7 - 2900 WARDEN AVENUE