170 PRINCE WILLIAM WAY, Barrie (Innis-Shore)

$250,000

For sale: Other

Other at 170 PRINCE WILLIAM WAY, Barrie (Innis-Shore)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® S14105296
Neighbourhood
Innis-Shore

Prime location, exceptionally low rent and an established residential customer base! An excellent restaurant business opportunity in Prince William-Way Mews plaza, diagonally across from Maple Ridge Secondary School in southeast Barrie. Surrounded by extensive newer residential communities, including detached homes, townhomes and condominium buildings, with Metro, banks and everyday amenities nearby. The busy neighbourhood plaza benefits from regular foot traffic, school activity and a substantial surrounding population, providing a strong customer catchment for takeout and neighbourhood dining. After seven years of ownership, the owner is retiring and offering the business for sale. Exceptionally low rent includes water and waste disposal charges, helping keep occupancy costs manageable. *** The existing lease has no personal guarantee-an especially attractive feature for prospective buyers. *** Attractive 3+5 lease structure, with lease assignment and terms for the incoming buyer subject to landlord approval. *** The full-size commercial kitchen features a 15-foot exhaust hood system, *** walk-in cooler, walk-in freezer and generous preparation space. A compelling opportunity for an owner-operator seeking an established location, practical kitchen infrastructure and low rent in a well-populated community.

Sold data

Homes in Innis Shore — recent sold market

Homes in Innis Shore took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 51, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $789,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$789,000
Sale-to-list ratio
96.9%
Sold above asking
10%

Based on 39 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Barrie (Innis-Shore)

Barrie (Innis-Shore) has 49 Fraser Institute–rated schools (39 elementary and 10 secondary), averaging 5.8/10.

Rated schools
49
Elementary
39
Secondary
10
Average rating
5.8 / 10

Top-rated schools in Barrie (Innis-Shore)

  • Hewitt's Creek — elementary, BarrieFraser rating 8.7/10
  • Codrington — elementary, BarrieFraser rating 8.0/10
  • Sister Catherine Donnelly — elementary, BarrieFraser rating 8.0/10
  • Roméo Dallaire — secondary, BarrieFraser rating 7.8/10
  • St Catherine of Siena — elementary, BarrieFraser rating 7.6/10
  • Terry Fox — elementary, BarrieFraser rating 7.1/10

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

Currently for sale

Homes for sale near 170 PRINCE WILLIAM WAY