4 - 2779 RUTLEDGE ROAD, Frontenac (Frontenac South)

$190,000

For sale: Other

Other at 4 - 2779 RUTLEDGE ROAD, Frontenac (Frontenac South)
Property type
Sale Of Business
MLS®
MLS® X13512786
Neighbourhood
47 - Frontenac South

Sydenham Convenience and Cafe in Sydenham, ON is For Sale. Located at the busy intersection of Rutledge Rd/McCullam Lane. Very Busy, High Traffic Area and Popular Neighbourhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Good Sales, Long Lease, and more. There is opportunity to grow sales even more. Monthly Sales: Approx. $32000 - $34000, Cafe Sales Portion: 55% - 60%, Tobacco Sales Portion: 20%, Other Sales Portion: 20%, Uhaul Commission: $4500 to $5000/yearly, Lotto Commission: $4500/yearly, Passport Pro: $4000/yearly, Rent: $4421/m including TMI & HST, Lease Term: Existing 3 + 5 + 5 Years Option to Renew.

Sold data

Homes in Frontenac (Frontenac South) — recent sold market

Homes in Frontenac (Frontenac South) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 63, across 145 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $579,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$579,000
Sale-to-list ratio
96.4%
Sold above asking
8%

Based on 145 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 4 - 2779 RUTLEDGE ROAD