304 STONE ROAD W, Guelph (Kortright West)

$549,000

For sale: Other

Other at 304 STONE ROAD W, Guelph (Kortright West)
Property type
Sale Of Business
MLS®
MLS® X13661206
Neighbourhood
Kortright West

Sale of business of a very successful Comfort Gourmet Franchise Restaurant. This tastefully done Franchise restaurant features 200 seats inside + 46 Patio Seats, large Kitchen, Abundance of Natural light, LLBO licensed. Successful Franchisor with over 20 locations. This location has been in business for over 15 years with long list of loyal clientele. Other Tenants in the plaza: Tim Hortons, Wendy's, Dominos, DQ and many more. Perfect business for groups/individuals looking at learning from this successful franchise and further improve revenues. Franchisor Royalties + Marketing Fees: 5% + 2% of revenue approx. Low Rental: Gross Rent (Net rent+TMI+HST) - $17,500.00 per month Approx, Lease ends April 2028 with Renewal options till April 2038.

Sold data

Homes in Guelph (Kortright West) — recent sold market

Homes in Guelph (Kortright West) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 395 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $749,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$749,900
Sale-to-list ratio
97.4%
Sold above asking
10%

Based on 395 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Guelph (Kortright West)

Guelph (Kortright West) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 6.5/10.

Rated schools
49
Elementary
42
Secondary
7
Average rating
6.5 / 10

Top-rated schools in Guelph (Kortright West)

  • Arbour Vista — elementary, GuelphFraser rating 9.7/10
  • St Paul — elementary, GuelphFraser rating 8.9/10
  • John McCrae — elementary, GuelphFraser rating 8.8/10
  • Westminster Woods — elementary, GuelphFraser rating 8.7/10
  • Ken Danby — elementary, GuelphFraser rating 8.5/10
  • Bishop Macdonell — secondary, GuelphFraser rating 8.2/10

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

Currently for sale

Homes for sale near 304 STONE ROAD W