16 - 511 MAPLE GROVE DRIVE, Oakville (FD Ford)

$195,000

For sale: Other

Other at 16 - 511 MAPLE GROVE DRIVE, Oakville (FD Ford)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W13783248
Neighbourhood
1006 - FD Ford

Outstanding turnkey restaurant conversion opportunity at 511 Maple Grove Drive in Oakville. Ideally located in a busy First Capital plaza anchored by Sobeys, this 1,443 sq. ft. unit offers an established burger brand or experienced operator the opportunity to enter one of South Oakville's most affluent and desirable neighbourhoods. The space features an efficient quick-service layout, a substantial 12-foot commercial exhaust hood, walk-in refrigerator and walk-in freezer-providing excellent infrastructure for a high-volume restaurant, takeout or delivery concept. Benefit from strong neighbourhood demographics, excellent visibility, consistent plaza traffic and ample customer parking. A wide variety of restaurant concepts and cuisines may be considered, provided they do not compete with existing plaza tenants. An exceptional opportunity to bring your brand to a proven commercial destination without the time and expense of building a restaurant from the ground up. Gross Rent is $6000 + HST. Approximately 1.5 years remaining with a 5 year renewal option. Conversion only; Burger Factory branding is not included. All uses and assignments are subject to landlord approval. Please do not go direct or speak with staff.

Sold data

Homes in Oakville (FD Ford) — recent sold market

Homes in Oakville (FD Ford) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 618 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $1,249,950.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,249,950
Sale-to-list ratio
96.3%
Sold above asking
11%

Based on 618 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (FD Ford)

Oakville (FD Ford) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.

Rated schools
56
Elementary
45
Secondary
11
Average rating
7.8 / 10

Top-rated schools in Oakville (FD Ford)

  • Alfajrul Bassem — elementary, OakvilleFraser rating 10.0/10
  • Forest Trail — elementary, OakvilleFraser rating 10.0/10
  • Pilgrim Wood — elementary, OakvilleFraser rating 9.7/10
  • E J James — elementary, OakvilleFraser rating 9.6/10
  • New Central — elementary, OakvilleFraser rating 9.6/10
  • du Chêne — elementary, OakvilleFraser rating 9.4/10

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

Currently for sale

Homes for sale near 16 - 511 MAPLE GROVE DRIVE