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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 14 days

    Unit A008 — 1295 Highbury Avenue N

    East A·London East, ON·N5Y 5L3·Near Highbury Ave and Huron St

    • 3 baths
    • 0
    London East real estate›X13463684
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible northeast London location. Currently set up for Mediterranean cuisine, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch.The premises feature seating for 50+ guests with potential for additional seating, three washrooms, a professionally equipped commercial kitchen, multiple cooking stations, walk-in cooler, walk-in freezer, recently serviced hood and ventilation systems, and equipment that is less than two years old. All equipment and chattels required to operate will remain with the business, allowing for a seamless transition.Located within the established Highbury and Huron commercial corridor, the business benefits from excellent visibility, strong vehicle traffic, ample on-site customer parking, and convenient access to Veterans Memorial Parkway and Highway 401. Surrounded by major retailers, restaurants, service businesses, and industrial employers, the area is home to Walmart, Tim Hortons, Starbucks, McDonald's, Dairy Queen, Taco Bell, A&W, Chuck's Roadhouse, Harvey's, Firehouse Subs, Pizza Nova, Domino's, Papa John's, Subway and numerous other national and local businesses.Currently operating under a valid City of London Food Premises Business Licence and set up to serve Halal cuisine. The business is currently in YEAR 1 of a 5-year lease extension, with current base RENT of $4,140/month plus TMI and utilities.Whether continuing as a Mediterranean restaurant or introducing a completely new dining concept, the extensive leasehold improvements, commercial kitchen infrastructure, hood system, walk-in cooler, walk-in freezer, and dining area are already in place, allowing the next owner to focus on launching their business rather than undertaking a costly build-out

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026ListedCurrentFor sale$219,999 —X13463684This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit A008 — 1295 Highbury Avenue N
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    • Recreation/Community Centre
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,081
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $31,265
    170.54% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $462,684
      Last 30 days
    • Median sold price
      $457,000
      Middle of the market
    • Days on market
      33 d
      Avg from list to close
    • Closed last 30d
      380
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit A008 — 1295 Highbury Avenue N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit A008 — 1295 Highbury Avenue N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit A008 — 1295 Highbury Avenue N listed for?

      Unit A008 — 1295 Highbury Avenue N is listed at $219,999 on the MLS® (listing X13463684). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit A008 — 1295 Highbury Avenue N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Sale Of Business
  2. Built 0-5
  3. Asking
    $219,999
    MLS® X13463684
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $462,684
    $425,669Confidence range$499,699
    Asking vs estimate
    ↓below
    −$242,685
    (-52.5%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in London East sell in about 33 days — this one has been listed 14 days.

    Avg sold price
    $462,684
    Median sold
    $457,000
    Avg days on market
    33
    Recently sold
    380
    See comparable sales
    AI highlights by Zara

    Compact 0-bedroom layout — best for individuals, couples, or investors, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this sale of business fits your budget and timing.

    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    None
  5. Interior

    1
    Accessibility
    N
  6. Lot & land

    2
    Year built
    0-5
    Zoning
    Commerical
  7. Listing & possession

    4
    Possession
    2026-07-01T00:00:00.000-00:00
    Occupancy
    flexible
    Property style
    Without Property
    Property class
    Sale Of Business
  8. Combined estimate
    $32,346
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,081
    /mo
    based on the purchase price of $219,999
    $44,000 cash
    $175,999 financed
    $148,237 total interest
    Monthly payment$1,081/ month
    Principal54%$175,999
    Interest46%$148,237

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    More sale of businesss in London East

    Active listings within ±20% of this asking price.

    • 244 Dundas Street
      $239,900
      244 Dundas Street
      Sale Of Business 3
    • 182 York Street
      $199,900
      182 York Street
      Sale Of Business
    • 523 First Street
      $215,000
      523 First Street
      Sale Of Business
    • 420 Hamilton Road
      $199,900
      420 Hamilton Road
      Sale Of Business
  9. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of RE/MAX ICON REALTY · displayed on Summitly per MLS® data-share rules

    Unit A008 — 1295 Highbury Avenue N is a 3-bath. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit A008 — 1295 Highbury Avenue N built?

    Unit A008 — 1295 Highbury Avenue N was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  15. What is the property tax for Unit A008 — 1295 Highbury Avenue N?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit A008 — 1295 Highbury Avenue N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit A008 — 1295 Highbury Avenue N?

    The affordability calculator on this page shows an estimated monthly mortgage for $219,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit A008 — 1295 Highbury Avenue N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit A008 — 1295 Highbury Avenue N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit A008 — 1295 Highbury Avenue N in?

    Unit A008 — 1295 Highbury Avenue N is in East A, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  19. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.