E110 - 676 APPLEBY LINE, Burlington (Shoreacres)

$149,000

For sale: Other

Other at E110 - 676 APPLEBY LINE, Burlington (Shoreacres)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13000264
Neighbourhood
Shoreacres

Excellent opportunity for newcomers, aspiring entrepreneurs, or those looking to be their own boss to own and operate an established Meltwich franchise in a prime Burlington location. This turnkey business offers the chance to be part of a recognized and growing franchise brand with full franchise support and training provided, making it ideal for owner operators looking to step into the food and beverage industry with confidence. Meltwich is known for its gourmet grilled cheese melts, burgers, poutines, and milkshakes, offering a popular menu and strong brand presence. This business is being sold in as is condition as an operating Meltwich franchise opportunity. Located in a bustling retail complex anchored by AAA tenants including McDonald's, Benjamin Moore, Medical Centre and Pharmacy, Burlington Public Library, CIBC Bank, Dental Care, Subway, Service Canada, and many more, the plaza benefits from a steady stream of daily visitors and strong community presence. The property features ample parking, prominent corner signage, and a bright inviting interior ideal for dine in, take out, and delivery operations. A key highlight is the LLBO license allowing the sale of alcoholic beverages, adding additional revenue potential. Leasehold improvements and premium chattels are included, creating an excellent turnkey opportunity for the next operator. The lease is attractively managed at $3,406 per month plus TMI and taxes, with a total monthly lease of $5,039.60, making it a favorable arrangement for an owner operator or investor. Situated in a thriving and growing Burlington market with a dense residential and commuter base, this is a rare opportunity to own an established Meltwich franchise at one of Burlington's most desirable retail destinations.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 E110 - 676 APPLEBY LINE