7-8 - 10501 WESTON ROAD, Vaughan (Vellore Village)

$299,000

For sale: Other

Other at 7-8 - 10501 WESTON ROAD, Vaughan (Vellore Village)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N13685210
Neighbourhood
Vellore Village

Established and fully operating specialty grocery business with a brick-oven bakery with deli/butcher option available w/ walk-in cooler/multiple freezer/fridges available for sale in a prime Vaughan location. This market is a well-known Mediterranean/international market situated on busy Weston Rd with strong visibility, consistent customer traffic, and ample parking. Serving a loyal and growing community, this turnkey operation offers a wide selection of imported products, fresh groceries, baked goods, dairy, frozen foods, and specialty items catering to a diverse clientele. Clean, well-maintained interior with a functional layout, shelving, refrigeration, and equipment included. Excellent opportunity for owner-operators or investors, with rebranding and hot-table options, plus other Restaurant or cuisine flavor concepts available upon landlord approval. Located in a high-density residential area surrounded by homes, schools, and everyday amenities, with convenient access to Hwy 400 and major routes. Please do not go directly or speak to staff. 5 + 5-year term on lease, $8200 including TMI/HST, very healthy annual gross revenue sales. *TAXES YET TO BE ASSESSED *

Sold data

Homes in Vaughan (Vellore Village) — recent sold market

Homes in Vaughan (Vellore Village) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 41, across 865 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

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

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$1,100,000
Sale-to-list ratio
96.7%
Sold above asking
16%

Based on 865 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Vaughan (Vellore Village)

Vaughan (Vellore Village) 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 (Vellore Village)

  • 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.