116 ST PAUL STREET, St. Catharines (Downtown)

$89,000

For sale: Other

Other at 116 ST PAUL STREET, St. Catharines (Downtown)
Property type
Sale Of Business
MLS®
MLS® X13754992
Neighbourhood
451 - Downtown

** CAN BE CONVERTED**Turnkey U Need A Pita Franchise For Sale Prime St. Catharine's Location -An Exceptional Opportunity To Acquire A Profitable, Well-Established U Need A Pita Franchise In The Heart Of The Vibrant Downtown Core Of St. Catharine's. Ideally Situated At The High-Traffic Intersection Of Queen Street and St. Paul. St. Paul Street Is The City's Main Commercial Strip, Surrounded By Popular Restaurants, Cafes, Shops, Nightlife, And Cultural Attractions. Just Minutes From Brock University's Marilyn I. Walker School Of Fine & Performing Arts, Offering Excellent Visibility And Consistent Customer Flow. Unbeatable Location Absentee Owner Key Highlights: Prime Location: A Popular Destination For A Wide Variety Of Pitas, Burgers, Wraps, Poutines Strong Financial Performance Monthly Sales: Approx. $27,000 - $30,000Rent: Approx. $3350/Month Inc. TMI Long Lease Term Royalty Fee: 4.5%Advertising Fee: 1.5%Store Area: Approx. 1500 Sq. Ft. Don't Miss This Opportunity!

Sold data

Homes in Downtown — recent sold market

Homes in Downtown took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 50, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $489,950.

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

About 6% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$489,950
Sale-to-list ratio
96.3%
Sold above asking
6%

Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Downtown)

St. Catharines (Downtown) has 47 Fraser Institute–rated schools (38 elementary and 9 secondary), averaging 7.3/10.

Rated schools
47
Elementary
38
Secondary
9
Average rating
7.3 / 10

Top-rated schools in St. Catharines (Downtown)

  • Applewood — elementary, St. CatharinesFraser rating 10.0/10
  • Gracefield — elementary, St. CatharinesFraser rating 10.0/10
  • Burleigh Hill — elementary, St. CatharinesFraser rating 9.9/10
  • Oakridge — elementary, St. CatharinesFraser rating 9.6/10
  • Power Glen — elementary, St. CatharinesFraser rating 9.5/10
  • Westdale — elementary, St. CatharinesFraser rating 9.3/10

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

Currently for sale

Homes for sale near 116 ST PAUL STREET