6 - 399 ELIZABETH STREET, Burlington (Brant)

$199,000

For sale: Other

Other at 6 - 399 ELIZABETH STREET, Burlington (Brant)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13774208
Neighbourhood
Brant

An exceptional turnkey restaurant conversion opportunity in the heart of downtown Burlington. This fully fixtured space offers an incoming operator the ability to introduce a new concept while avoiding the significant cost, time and uncertainty associated with building a restaurant from scratch. Ideally suited for a, first time operators, experienced restaurateur, hospitality group or expanding brand, the premises provide an established restaurant infrastructure in one of Burlington's most walkable and energetic dining corridors. The location benefits from excellent visibility, strong residential density, nearby offices and consistent traffic from both local residents and visitors. With downtown Burlington continuing to grow as a destination for dining, nightlife and community events, this is a rare opportunity to convert a well-positioned restaurant space into a new concept in one of the GTA's most desirable downtown markets.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 6 - 399 ELIZABETH STREET