6240 THOROLD STONE ROAD, Niagara Falls (Morrison)

$199,000

For sale: Other

Other at 6240 THOROLD STONE ROAD, Niagara Falls (Morrison)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X13576822
Neighbourhood
212 - Morrison

Outstanding opportunity to acquire a well-established WingsUp! franchise in a prime, high-visibility location on Thorold Stone Road in Niagara Falls. Strategically positioned within a busy commercial plaza and surrounded by growing residential communities, schools, hotels, and major traffic routes, this turnkey restaurant offers excellent exposure and strong brand recognition. Generating approximately $5,000 - $6,000 in weekly sales with affordable monthly rent of just $2,430 including TMI, this business presents excellent value for an owner-operator or investor. Fully equipped with quality leasehold improvements, the restaurant is ready for a seamless transition. There is significant potential to grow sales through catering, local marketing, online delivery, and extended operating hours. The current owner is relocating, creating a rare opportunity to acquire an established franchise in one of Niagara Falls' busiest commercial corridors.

Sold data

Homes in Niagara Falls (Morrison) — recent sold market

Homes in Niagara Falls (Morrison) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 (Morrison)

Niagara Falls (Morrison) 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 (Morrison)

  • 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 6240 THOROLD STONE ROAD