407 IROQUOIS SHORE ROAD, Oakville (QE Queen Elizabeth)

$289,999

For sale: Other

Other at 407 IROQUOIS SHORE ROAD, Oakville (QE Queen Elizabeth)
Property type
Sale Of Business
MLS®
MLS® W13663266
Neighbourhood
1014 - QE Queen Elizabeth

Turnkey Restaurant Opportunity in Prime Oakville Location Near the QEW!An excellent opportunity to acquire a professionally designed, fully equipped restaurant in a high-demand Oakville commercial area. The approximately 1,837 sq. ft. space features 35-40 seats, modern décor, booth seating, buffet setup, service/bar area, commercial kitchen, furniture, fixtures, leasehold improvements and existing restaurant equipment. Offered as an as-is asset/business sale and not based on historical sales or financial performance. Ideal for an experienced operator, franchisee or entrepreneur looking to launch a new restaurant concept while avoiding the substantial cost and time involved in building from an empty shell. The premises may be converted to another cuisine, franchise or restaurant concept, subject to landlord approvals.Excellent remaining lease term provides added stability for the incoming operator. **Disclaimer - financial statements are not being represented as part of the transaction.Qualified buyers may be required to sign an NDA prior to receiving detailed lease information, equipment lists or other confidential business information.Please do not approach staff or visit the business without a confirmed appointment.

Sold data

Homes in Oakville (QE Queen Elizabeth) — recent sold market

Homes in Oakville (QE Queen Elizabeth) took a median of 26 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 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.

The median sale price was $1,307,500.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

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

Median days to sell
26
Median sale price
$1,307,500
Sale-to-list ratio
96.5%
Sold above asking
12%

Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (QE Queen Elizabeth)

Oakville (QE Queen Elizabeth) 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 (QE Queen Elizabeth)

  • 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 407 IROQUOIS SHORE ROAD