8 - 1179 WILSON STREET W, Hamilton (Ancaster)

$499,000

For sale: Other

Other at 8 - 1179 WILSON STREET W, Hamilton (Ancaster)
Property type
Sale Of Business
MLS®
MLS® X13844326
Neighbourhood
Ancaster

Sale of a successful Diner franchise business in a prime high-traffic plaza! Property boasts a tastefully completed modern kitchen, stylish dining area, premium leasehold improvements with high open ceilings and abundant Natural Light. Plaza with ample parking & National tenants: McDonald's, Tim Hortons, Longos, LCBO, Popeyes and many more. This diner business has operated in the same location for over 9 years and maintains a strong, loyal customer base. Perfect for first-time business owners, families, new immigrants, or experienced investors seeking a reliable, cash-flow. Lease Renewal next year with 3 renewals of 5 years each. Low Gross Rental: 10,000 per month approx. including HST. Franchise royalty fees 5% + 1% Marketing.

Sold data

Homes in Ancaster — recent sold market

Homes in Ancaster took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 48, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 $1,162,450.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,162,450
Sale-to-list ratio
96.0%
Sold above asking
3%

Based on 68 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Ancaster)

Hamilton (Ancaster) 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 (Ancaster)

  • 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 8 - 1179 WILSON STREET W