2A - 1876 OXFORD STREET W, London South (South B)

$250,000

For sale: Other

Other at 2A - 1876 OXFORD STREET W, London South (South B)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13727096
Neighbourhood
South B

TWO WAYS TO BUY & TWO WAYS TO BUILD YOUR FUTURE. This established Fat Bastard Burrito location in London's growing West 5 area offers flexibility for both franchise buyers and independent restaurant operators. Purchase the business turn-key, with the existing Fat Bastard Burrito franchise operation, equipment and chattels, and approximately 6 years remaining on the current lease and franchise agreement. Prefer to build your own brand? Purchase the business assets and chattels and explore bringing your own restaurant concept to this fully equipped space, subject to landlord, franchise-release and applicable approvals.Located in the expanding West 5/Riverbend corridor, surrounded by growing residential density, retail, services and commercial development. West 5 has evolved into a mixed-use community incorporating homes, apartments, retirement living, restaurants, shops, offices and services, creating an established and growing customer base. Continued residential and commercial development in the surrounding Westdel Bourne/Oxford Street West corridor adds to the long-term potential of this location.Whether you're looking for an established turn-key franchise or an equipped restaurant space to launch your own concept, this is an opportunity to establish yourself in one of West London's growing communities. Business and chattels for sale. Real estate not included.

Sold data

Homes in South B — recent sold market

Homes in South B took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 54, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $617,699.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 20% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$617,699
Sale-to-list ratio
98.1%
Sold above asking
20%

Based on 41 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 London South (South B)

London South (South B) 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 South (South B)

  • 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 2A - 1876 OXFORD STREET W