2B - 1230 NORTH SHORE BOULEVARD, Burlington (Brant)

$849,000

For sale: Other

Other at 2B - 1230 NORTH SHORE BOULEVARD, Burlington (Brant)
Property type
Sale Of Business
MLS®
MLS® W12986884
Neighbourhood
Brant

Rare opportunity to take over a high volume Franchise Restaurant inside the Burlington Joseph Brant Hospital. The only other competition inside is a Tim Hortons. Restaurant has 18 exclusive seats, and 120+ shared seats in the cafeteria. Long lease left on the place (7+5), low monthly rent of $6000 including TMI. Owner and Franchise willing to train new management. You are welcome to come and observe the traffic! (Please book appointment to view interior). Bonus additional storage area converted by the owner in the back. Situated at the hospital cafeteria where staff and visitors go and eat their meals. Near the new main entrance of the hospital and right across of the pedestrian bridge from the parking garage. Lots of opportunities to expand on the catering side. Current owner does not need to work inside the restaurant. Excellent for investors who want to be hands off! Hospital also undergoing expansion to Mental Health Ward that will increase customer base.

Sold data

Homes in Burlington (Brant) — recent sold market

Homes in Burlington (Brant) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 614 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $964,500.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$964,500
Sale-to-list ratio
97.3%
Sold above asking
13%

Based on 614 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Burlington (Brant)

Burlington (Brant) has 51 Fraser Institute–rated schools (43 elementary and 8 secondary), averaging 7.1/10.

Rated schools
51
Elementary
43
Secondary
8
Average rating
7.1 / 10

Top-rated schools in Burlington (Brant)

  • Pauline Johnson — elementary, BurlingtonFraser rating 9.1/10
  • Pineland — elementary, BurlingtonFraser rating 8.8/10
  • Alton Village — elementary, BurlingtonFraser rating 8.6/10
  • St Timothy — elementary, BurlingtonFraser rating 8.6/10
  • John T Tuck — elementary, BurlingtonFraser rating 8.5/10
  • Canadian Martyrs — elementary, BurlingtonFraser rating 8.4/10

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

Currently for sale

Homes for sale near 2B - 1230 NORTH SHORE BOULEVARD