412 DERBY ROAD, Fort Erie (Crystal Beach)

$99,000

For sale: Other

Other at 412 DERBY ROAD, Fort Erie (Crystal Beach)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13527330
Neighbourhood
337 - Crystal Beach

Sublife: A Sandwich Joint is a pop culture inspired sandwich shop located in the heart of downtown Crystal Beach and operating under the same ownership as nearby Shaka. Located within the popular Hotel Philco complex just steps from the waterfront, this quick service restaurant benefits from strong tourism traffic and a loyal local following in one of Ontario's premier beach towns. Easy to staff and manage 650 Sq Ft layout designed for efficient counter service operations with seating for 4 facing the street and excellent pedestrian exposure. Available individually or together with Shaka and ideal for owner operators looking for a compact and profitable hospitality business with strong branding and atmosphere. Amazing below market lease rate of $1,600 Gross Rent including TMI with 3 + 3 years remaining. Great frontage and visibility in a busy downtown location with year-round activity and heavy seasonal tourism traffic. Please do not go direct or speak to staff..

Sold data

Homes in Crystal Beach — recent sold market

Homes in Crystal Beach took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 65, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $525,000.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 35% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$525,000
Sale-to-list ratio
95.8%
Sold above asking
6%

Based on 31 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 Fort Erie (Crystal Beach)

Fort Erie (Crystal Beach) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.

Rated schools
5
Elementary
4
Secondary
1
Average rating
6.5 / 10

Top-rated schools in Fort Erie (Crystal Beach)

  • Garrison Road — elementary, Fort ErieFraser rating 7.8/10
  • St Philomena — elementary, Fort ErieFraser rating 7.3/10
  • General Vanier — elementary, Fort ErieFraser rating 6.8/10
  • Greater Fort Erie — secondary, Fort ErieFraser rating 5.5/10
  • Our Lady of Victory — elementary, Fort ErieFraser rating 5.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 412 DERBY ROAD