276 WHARNCLIFFE ROAD N, London North (North N)

$599,000

For sale: Other

Other at 276 WHARNCLIFFE ROAD N, London North (North N)
Property type
Sale Of Business
MLS®
MLS® X13886000
Neighbourhood
North N

Exceptional opportunity to acquire two profitable food-service businesses operating under one roof. The offering includes a successful dessert and coffee concept where the Seller is the franchisor, with established and successful franchise location demonstrating a proven and scalable business model. Also included is a profitable burger establishment where the Seller operates as a franchisee. Both concepts operate from the same premises and share customer seating, creating a complementary and efficient food-service operation. The business also benefits from a strong and established catering component, providing an additional revenue stream and significant opportunity for continued growth. This unique offering provides an incoming purchaser with two profitable businesses, a proven franchise concept, established franchise locations and multiple avenues for revenue generation. Ideal for an entrepreneur, investor or experienced food-service operator. Real estate is not included. Financial and franchise information available to qualified purchasers upon execution of a confidentiality agreement.

Sold data

Other homes in London North (North N) — recent sold market

Other homes in London North (North N) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $575,000.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

Based on 31 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 London North (North N)

London North (North N) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London North (North N)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

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

Currently for sale

Homes for sale near 276 WHARNCLIFFE ROAD N