650 PLAINS ROAD E, Burlington (LaSalle)

$199,999

For sale: Other

Other at 650 PLAINS ROAD E, Burlington (LaSalle)
Property type
Sale Of Business
MLS®
MLS® W12808438
Neighbourhood
LaSalle

For sale is a well-established Indian restaurant situated in the prime Aldershot location of Burlington. The business benefits from excellent visibility, signage, and high traffic counts. Please note that the brand is not included. The property can be easily converted to accommodate various approved food concepts. There is potential for patio addition. The area is surrounded by a mix of residential, commercial properties, and condominiums, with numerous new condominium developments anticipated within the next two years. The business offers significant potential, and features a very low rent.

Sold data

Homes in Burlington (LaSalle) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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

Burlington (LaSalle) 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 (LaSalle)

  • 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 650 PLAINS ROAD E