3 - 2070 RYMAL ROAD E, Hamilton (Hannon)

$92,000

For sale: Other

Other at 3 - 2070 RYMAL ROAD E, Hamilton (Hannon)
Property type
Sale Of Business
MLS®
MLS® X13545814
Neighbourhood
Hannon

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 Hannon — recent sold market

Homes in Hannon took a median of 26 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.

The median sale price was $779,900.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$779,900
Sale-to-list ratio
97.7%
Sold above asking
15%

Based on 41 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Hannon)

Hamilton (Hannon) 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 (Hannon)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

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

Currently for sale

Homes for sale near 3 - 2070 RYMAL ROAD E