1672 HIGHWAY 7, Otonabee-South Monaghan
$429,000
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13217074
- Neighbourhood
- Otonabee-South Monaghan
Exceptional opportunity to own a well-established for almost 20-year Coffee Time Franchise at the high-visibility junction of Highways 7, 28, and 34 in Peterborough. This 2,688 sq.ft. location features a 52 seat dining, ample parking spaces, a full kitchen with a large walk-in cooler, efficient high-volume restaurant. Additional income is generated through a CIBC ATM installed on-site, providing stable monthly rent. Strong customer flow from local residents, highway commuters, schools, local retailers, and seasonal cottage travelers. Operating daily 6 a.m.-6 p.m. with experienced staff and a reliable franchise system ensuring smooth, easy-to- transition operations. The space also offers flexibility for rebranding (subject to landlord and franchisor approval), making it ideal for owner-operators and multi-unit investors seeking either a stable branded operation or the opportunity to introduce their own concept in a high-exposure location.
Sold data
Homes in Otonabee-South Monaghan — recent sold market
Homes in Otonabee-South Monaghan took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 72, across 91 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $624,900.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
- Median days to sell
- 39
- Median sale price
- $624,900
- Sale-to-list ratio
- 95.3%
- Sold above asking
- 11%
Based on 91 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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