7 - 3969 MONTROSE ROAD, Niagara Falls (Mt. Carmel)

$135,000

For sale: Other

Other at 7 - 3969 MONTROSE ROAD, Niagara Falls (Mt. Carmel)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13645720
Neighbourhood
208 - Mt. Carmel

A great opportunity to own a well-established Quiznos franchise that has been serving the community since 2003. Located on busy Montrose Road in Niagara Falls, this restaurant benefits from high traffic, excellent visibility, plenty of parking, and is surrounded by major retailers and growing residential neighbourhoods. The gross monthly rent is $5,900 which includes property taxes, water, and air conditioning maintenance. The water heater and prep table refrigerator have both been recently replaced, adding value for the new owner. The lease terms are attractive, making this an excellent opportunity for an owner operator or an investor.The buyer must be approved by the Quiznos franchise, and all required franchise training will be provided by the franchise. Please do not visit the business directly or speak with employees. All showings are by appointment only. Business is being sold in "as is, where is" condition. Inventory is not included in the purchase price and will be sold separately at closing.

Sold data

Homes in Niagara Falls (Mt. Carmel) — recent sold market

Homes in Niagara Falls (Mt. Carmel) 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 309 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 30% 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 309 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Mt. Carmel)

Niagara Falls (Mt. Carmel) 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 (Mt. Carmel)

  • 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 7 - 3969 MONTROSE ROAD