U# 9 - 3295 FAIRVIEW STREET, Burlington (Roseland)

$1

For sale: Other

Other at U# 9 - 3295 FAIRVIEW STREET, Burlington (Roseland)
Property type
Sale Of Business
MLS®
MLS® W14088840
Neighbourhood
Roseland

TURNKEY RESTAURANT & SPORTS BAR - PRIME BURLINGTON LOCATION: Excellent opportunity to acquire a fully equipped restaurant and sports bar in a busy, premium plaza directly across from Burlington Centre Mall. The approximately 2,131 sq. ft. unit offers indoor seating for 63 guests and an outdoor patio with seating for 33.The premises feature a 20-foot commercial kitchen hood, walk-in cooler, walk-in freezer, dining tables and chairs, office space, accessible washroom, separate male and female washrooms, and a staff washroom. The business is currently operating seven days a week, with an existing LLBO liquor license, subject to applicable terms and requirements. Ample parking. The business is operating with positive cash flow. Buyers may explore continuing the existing sports bar and grill operation under its current franchise brand or developing an alternative restaurant concept, subject to landlord and franchisor approvals, lease terms, zoning, licensing, and other applicable requirements. A detailed list of chattels and equipment will be provided to qualified prospective buyers upon execution of a Non-Disclosure Agreement (NDA) and confirmation of financial capability. Sale of business only. Real property is not included. Lease details and financial information are available to qualified buyers subject to the Seller's disclosure process. Disclosure of Interest: The Listing Salesperson is a principal of the Seller and has a direct ownership interest in the business being offered for sale. Gross rent $7749/month including tax. IMPORTANT: The displayed price of $1 is for MLS input purposes only and is not the actual asking price.

Sold data

Homes in Roseland — recent sold market

Homes in Roseland took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $799,900.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$799,900
Sale-to-list ratio
96.6%
Sold above asking
15%

Based on 46 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Burlington (Roseland)

Burlington (Roseland) 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 (Roseland)

  • 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 U# 9 - 3295 FAIRVIEW STREET