321 LAKESHORE ROAD E, Oakville (OO Old Oakville)

$289,000

For sale: Other

Other at 321 LAKESHORE ROAD E, Oakville (OO Old Oakville)
Property type
Sale Of Business
MLS®
MLS® W13667878
Neighbourhood
1013 - OO Old Oakville

Excellent opportunity to own and operate an established Aroma Espresso Bar in the heart of Downtown Oakville! Located on highly desirable Lakeshore Road East, this well-positioned café benefits from strong pedestrian traffic, surrounding residential and commercial activity, and excellent street exposure.The premises offer approximately 2,211 sq. ft. across the main and second floors, plus approximately 766 sq. ft. of basement space and an outdoor seating area. Fully equipped for café and restaurant operations, offering coffee, specialty beverages, breakfast, lunch, dinner and baked goods.Current base rent is approximately $9,212.50/month plus HST, additional rent, utilities and other occupancy costs. Potential franchisor-required renovations/upgrades may apply within the next 6-12 months. Buyer to verify requirements, timing and costs directly with Aroma Espresso Bar.Sale subject to landlord approval, lease assignment and franchisor approval. Do not go direct or speak with employees. All appointments through the Listing Brokerage.

Sold data

Homes in Oakville (OO Old Oakville) — recent sold market

Homes in Oakville (OO Old Oakville) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 47, across 569 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $1,289,000.

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 20% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$1,289,000
Sale-to-list ratio
96.3%
Sold above asking
11%

Based on 569 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (OO Old Oakville)

Oakville (OO Old Oakville) 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 (OO Old Oakville)

  • 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 321 LAKESHORE ROAD E