$1
For sale: Other

Fantastic opportunity to take over a dessert/donut business in a high-visibility Stoney Creek Plaza. The usage can be changed. Currently, this business is set up for a donut/dessert concept and benefits from plaza traffic, surrounding residential density, nearby schools, businesses, and strong exposure along as well-travelled corridor. The existing lease/sublease indicates permitted use for Donut/Dessert, with a long lease term in place, Offering stability for an incoming operator. Great turnkey-style opportunity for an owner-operator, family business, franchise concept cafe/dessert brand, or buyer looking to expand into the Stoney Creek/Hamilton market. Sale may include goodwill, leasehold interest and chattels/equipment as applicable.
Sold data
Homes in Hamilton (Stoney Creek) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 (Stoney Creek) 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.
Currently for sale

$1
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