2 - 309 GRAYS ROAD, Hamilton (Riverdale)

$189,000

For sale: Other

Other at 2 - 309 GRAYS ROAD, Hamilton (Riverdale)
Property type
Sale Of Business
MLS®
MLS® X13424494
Neighbourhood
Riverdale

Welcome to this turnkey restaurant opportunity in the heart of Stoney Creek, one of Hamilton's rapidly growing and high-traffic corridors. Situated on a prominent corner lot with excellent visibility and easy access, this location offers outstanding potential for both owner-operators and investors. Strategically positioned near major highways, public transit, schools, and expanding residential communities, the business is well placed to benefit from the area's continued growth. Ample on-site parking and exceptional exposure provide a strong foundation for success. Take over an established operation or bring your own concept to life in this fully equipped space. Features include a walk-in cooler, walk-in freezer, 8'-foot gas exhaust hood, and a complete set of restaurant equipment, with all chattels and fixtures included in the purchase price. The spacious layout is ideal for dine-in, takeout, and delivery operations, with efficient access rear entrances for convenient. Located on a high-exposure corner with plenty of parking, the restaurant benefits from steady traffic generated by the surrounding neighbourhood, nearby businesses, schools, and passing vehicles. Attractive lease at $2,389/month (including TMI) makes this an exceptional opportunity for entrepreneurs looking to establish or expand their business.

Sold data

Homes in Hamilton (Riverdale) — recent sold market

Homes in Hamilton (Riverdale) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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.

Median days to sell
29
Median sale price
$685,000
Sale-to-list ratio
97.0%
Sold above asking
12%

Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Riverdale)

Hamilton (Riverdale) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Riverdale)

  • Corpus Christielementary, HamiltonFraser rating 10.0/10
  • Norwood Parkelementary, HamiltonFraser rating 8.4/10
  • Pope John Paul IIelementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdeselementary, HamiltonFraser rating 7.3/10
  • Westmountsecondary, HamiltonFraser rating 7.3/10
  • Sacred Heartelementary, HamiltonFraser rating 7.2/10

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

Currently for sale

Homes for sale near 2 - 309 GRAYS ROAD