$198,000
For sale: Other

Located in University Plaza, directly west of McMaster U and surrounded by established residential areas. Close to major transit routes & Hwy 403, ensuring high foot traffic. Operating for 20 years, this 1,600 sq. ft. restaurant offers both dine-in & take-out with 30 seats. Features a commercial kitchen, 20-ft exhaust fan, 2 walk-in fridges, 3 washrooms, & additional equipment. Ample parking available. Open 7 days/week, 11:00 AM - 9:30 PM. Rent: $7,400 (incl. TMI & HST). Monthly sales approx. $73,500, with a sizable profit after deducting the owner's $6,000 salary. Seller Selling Due To Health Reasons. Only Chinese restaurant in the plaza. Stable business with potential for conversion to another cuisine. ** All business-related information, including but not limited to business numbers, is provided by the Seller and has not been verified by the Listing Brokerage
Sold data
Homes in Hamilton (Dundas) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Dundas) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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