6 - 3701 PORTAGE ROAD, Niagara Falls (Stamford)

$129,900

For sale: Other

Other at 6 - 3701 PORTAGE ROAD, Niagara Falls (Stamford)
Property type
Sale Of Business
MLS®
MLS® X13760588
Neighbourhood
206 - Stamford

Excellent opportunity to acquire a fully equipped restaurant setup - chattels and fixtures sale only in a high-traffic Niagara Falls location. Approx. 673 sq. ft. featuring an impressive approx. 10-ft commercial exhaust hood, commercial kitchen equipment, fixtures and improvements. Strategically located in the Five Corners area, directly across from Sobeys, with Shoppers Drug Mart in the plaza, The Beer Store nearby and minutes from A.N. Myer Secondary School. Current total occupancy cost is less than $2,000/month including Base Rent, TMI and HST. Newly extended 5-year lease to June 14, 2031, plus an additional 5-year renewal option. Excellent turnkey opportunity with low overhead and substantial existing restaurant fit-up. Business name and corporation not included.

Sold data

Homes in Niagara Falls (Stamford) — recent sold market

Homes in Niagara Falls (Stamford) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 307 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 $599,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$599,000
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Stamford)

Niagara Falls (Stamford) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.

Rated schools
31
Elementary
26
Secondary
5
Average rating
7.6 / 10

Top-rated schools in Niagara Falls (Stamford)

  • Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
  • Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10

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

Currently for sale

Homes for sale near 6 - 3701 PORTAGE ROAD