1 - 1200 HIGHWAY 7, Vaughan (Patterson)

$349,000

For sale: Other

Other at 1 - 1200 HIGHWAY 7, Vaughan (Patterson)
Property type
Sale Of Business
MLS®
MLS® N13630064
Neighbourhood
Patterson

**Highly Profitable Restaurant For Sale, Generating Over $1 Million In Annual Sales.** What If You Could Skip The Hardest Part Of Starting A Restaurant?No Construction, No Costly Renovations, No Trial And Error, And No Spending Years Building A Loyal Customer Base And Strong Reputation. This Is A Rare Opportunity To Own A Well-Established, Profitable Restaurant That Is Fully Equipped And Ready To Operate From Day One.The Business Has Built A Strong Reputation With A **4.8-Star Google Rating From Over 1,300 Reviews** And More Than **17,700 Organic Instagram Followers**, Creating Excellent Brand Recognition And A Loyal Customer Base.Completely Renovated From Top To Bottom In 2024, The Restaurant Offers **56 Indoor Seats Plus 14 Patio Seats**. It Is Ideally Located On Busy Highway 7 With Prime Corner Exposure, High Daily Traffic, Easy Access, And Plenty Of Customer Parking.The Affordable **All-Inclusive Lease Of Only $8,500 Per Month** Is Secured Until September 2030. The Restaurant Is Fully Equipped With High-Quality Commercial Equipment, Including A 10-Foot Hood, An 8-Foot Custom Charcoal Hood With A 6-Foot Charcoal Barbecue, A 5 Ft x 5 Ft Custom Imported Stone Oven, Walk-In Cooler, Walk-In Freezer, And Everything Needed To Continue Operations Immediately.Continue The Existing Successful Concept Or Introduce Your Own. There Is Excellent Growth Potential By Adding Alcohol Service, Extending Operating Hours To Seven Days A Week, And Increasing Marketing Efforts.A True Turnkey Opportunity Where The Hard Work Has Already Been Done.

Sold data

Homes in Vaughan (Patterson) — recent sold market

Homes in Vaughan (Patterson) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 761 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $1,100,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$1,100,000
Sale-to-list ratio
96.6%
Sold above asking
16%

Based on 761 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Vaughan (Patterson)

Vaughan (Patterson) has 91 Fraser Institute–rated schools (76 elementary and 15 secondary), averaging 7.1/10.

Rated schools
91
Elementary
76
Secondary
15
Average rating
7.1 / 10

Top-rated schools in Vaughan (Patterson)

  • Pierre Berton — elementary, VaughanFraser rating 8.2/10
  • Guardian Angels — elementary, VaughanFraser rating 7.7/10
  • Le-Petit-Prince — elementary, VaughanFraser rating 7.2/10
  • St Michael the Archangel — elementary, VaughanFraser rating 7.1/10
  • Glenn Gould — elementary, VaughanFraser rating 6.7/10
  • Nellie McClung — elementary, VaughanFraser rating 6.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1 - 1200 HIGHWAY 7