6 - 4033 NEW STREET, Burlington (Shoreacres)

$70,000

For sale: Other

Other at 6 - 4033 NEW STREET, Burlington (Shoreacres)
Property type
Sale Of Business
MLS®
MLS® W13089870
Neighbourhood
Shoreacres

Well-established clothing alteration and repair business located in a busy plaza in Burlington. In operation for approximately 17 years with a stable customer base. Approx. 728 sq. ft. with current rent of $2,500/month (including TMI & HST). New lease available, subject to landlord approval. Business focuses on simple alterations and repairs only (hemming, zipper replacement, minor adjustments). Annual sales approx. $185,000. Owner-operated with no employees. Seller retiring

Sold data

Homes in Burlington (Shoreacres) — recent sold market

Homes in Burlington (Shoreacres) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 (Shoreacres)

Burlington (Shoreacres) 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 (Shoreacres)

  • 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 - 4033 NEW STREET