227 BROCK STREET S, Whitby (Downtown Whitby)

$490,000

For sale: Other

Other at 227 BROCK STREET S, Whitby (Downtown Whitby)
Property type
Sale Of Business
Bedrooms / bathrooms
8 bathrooms
MLS®
MLS® E13679684
Neighbourhood
Downtown Whitby

Exceptional Indian Restaurant Business for Sale in Prime Whitty Location An outstanding opportunity to acquire a thriving, fully operational Indian restaurant in one of Whitty's high-traffic commercial areas.This well-established business has built a loyal customer base and enjoys an excellent reputation for authentic Indian cuisine, dine-in service, takeout, catering, and private events. Spanning approximately 5,000 sq. ft., the restaurant features a beautifully designed dining area with seating for 60 guests, along with a spacious banquet hall accommodating up to 100 guests-perfect for birthdays, anniversaries, corporate events, and community gatherings and a Beautiful 3season Patio area which can be booked for small group parties .The business is being sold as a complete turnkey operation, allowing a new owner to step in and begin operations immediately. The premises are fully equipped with a commercial-grade kitchen, quality fixtures, furnishings, and equipment, offering everything needed to continue operating without interruption. With a favorable lease in place at $7,000 per month plus HST, this business presents an excellent opportunity for experienced restaurateurs, entrepreneurs, or investors looking to expand their hospitality portfolio. Strategically located in a busy commercial corridor with excellent visibility, ample customer parking, and easy access, the restaurant benefits from consistent foot traffic and strong growth potential. There are numerous opportunities to further increase revenue through expanded catering services, online delivery platforms, additional marketing initiatives, and extended operating hours.

Sold data

Homes in Whitby (Downtown Whitby) — recent sold market

Homes in Whitby (Downtown Whitby) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 35, across 383 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $855,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 22% of sales closed above the list price.

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

Median days to sell
20
Median sale price
$855,000
Sale-to-list ratio
97.8%
Sold above asking
22%

Based on 383 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Whitby (Downtown Whitby)

Whitby (Downtown Whitby) has 38 Fraser Institute–rated schools (30 elementary and 8 secondary), averaging 7.0/10.

Rated schools
38
Elementary
30
Secondary
8
Average rating
7.0 / 10

Top-rated schools in Whitby (Downtown Whitby)

  • Earl A Fairmanelementary, WhitbyFraser rating 9.5/10
  • St Paulelementary, WhitbyFraser rating 8.8/10
  • Colonel J E Farewellelementary, WhitbyFraser rating 8.4/10
  • Donald A. Wilsonsecondary, WhitbyFraser rating 8.4/10
  • Captain Michael VandenBoselementary, WhitbyFraser rating 8.0/10
  • All Saintssecondary, WhitbyFraser rating 7.9/10

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

Currently for sale

Homes for sale near 227 BROCK STREET S