$92,000
For sale: Other

Exceptional opportunity to own a well-established shawarma restaurant in a prime Hamilton East Mountain location. This fully turnkey business recently renovated in the last 4 years with numerous upgrades is ready for a seamless transition. Benefit from a loyal customer base, seating for up to 30 guests, and all equipment included in the purchase price. Enjoy the security of a favourable lease in place until 2032, with an option to extend for a further 5 years. A fantastic opportunity for entrepreneurs or experienced operators looking to step into a successful, ready-to-go business.
Sold data
Homes in Hamilton (Hannon) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 (Hannon) 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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