2 - 575 RIVER GLEN BOULEVARD, Oakville (RO River Oaks)

$289,000

For sale: Other

Other at 2 - 575 RIVER GLEN BOULEVARD, Oakville (RO River Oaks)
Property type
Sale Of Business
MLS®
MLS® W13589202
Neighbourhood
1015 - RO River Oaks

Great location in Oakville! Family owned and operated Restaurant for many years. Stable income. Low Rent (4780 including TMI) and Low monthly expenses. It has 1247 Sqft of space, with full hooded kitchen and washrooms. The restaurant can easily seat 40 people. Plaza with ample parking spaces. Easy delivery access and garbage disposal. Situated in a nice family neighbourhood in Oakville and quite centrally located. Options to get new lease with 10 year options (currently it is at 1+5 years). Owners are taking a break and you can take over this profitable business or convert it into something of your own. All Fire Code Inspection related items upgraded this year. LLBO is also available. (Please do not speak to owners or employees without appointments).

Sold data

Homes in Oakville (RO River Oaks) — recent sold market

Homes in Oakville (RO River Oaks) 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 652 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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 652 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (RO River Oaks)

Oakville (RO River Oaks) 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 (RO River Oaks)

  • 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 2 - 575 RIVER GLEN BOULEVARD