527 UPPER SHERMAN AVENUE, Hamilton (Raleigh)

$149,000

For sale: Other

Other at 527 UPPER SHERMAN AVENUE, Hamilton (Raleigh)
Property type
Sale Of Business
MLS®
MLS® X12766326
Neighbourhood
Raleigh

Exceptional Turnkey Opportunity - Mahal Restaurants, Hamilton Mountain Presenting a rare opportunity to own the renowned Mahal Restaurants, a community staple for over 22+ years, known for serving authentic Indian and Pakistani cuisine in the heart of Hamilton Mountain. This well-established business enjoys a loyal clientele and a stellar reputation for quality and consistency. The restaurant offers multiple revenue streams through dine-in, takeout, and a fully integrated online ordering system including Uber Eats and SkipTheDishes. No franchise fees mean full control and higher margins for the new owner. This is a turnkey operation with strong brand recognition, ideal for an entrepreneur or family looking to continue a legacy of culinary excellence. Don't miss your chance to own a profitable and beloved restaurant with deep roots in the community.

Sold data

Homes in Raleigh — recent sold market

Homes in Raleigh took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 50, across 50 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $593,950.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$593,950
Sale-to-list ratio
97.5%
Sold above asking
12%

Based on 50 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Raleigh)

Hamilton (Raleigh) 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 (Raleigh)

  • 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 527 UPPER SHERMAN AVENUE