144 LAKE STREET, St. Catharines (Downtown)

$249,000

For sale: Other

Other at 144 LAKE STREET, St. Catharines (Downtown)
Property type
Sale Of Business
MLS®
MLS® X13883618
Neighbourhood
451 - Downtown

OVER 30 YEARS IN BUSINESS WITH LOW MONTHLY RENT! Rare opportunity to own a well-established,turnkey LLBO-licensed restaurant, Maestro's Pizzeria, in the heart of St. Catharines! Locatedat 144 Lake Street, this popular pizza and sub restaurant offers excellent exposure on a busymain road, surrounded by established residential neighbourhoods and local businesses, withconvenient access to downtown, public transit and the QEW. Enjoy the added convenience ofon-site parking for owners and customers! Offering seating for 24 guests along with takeout anddelivery services, the restaurant features delicious family recipes, top-rated pizzas, subs andlighter menu options, supported by a loyal customer base and an impressive 4.4-star Googlerating with 415 reviews! The current owners have invested $16,000 in recent upgrades. Anattractive lease is in place with low monthly rent of $2,100 including HST. The seller iswilling to provide one month of training to ensure a smooth transition for the new owner. Listof chattels and equipment will be provided with an offer. Financial statements available uponsigning a Confidentiality Agreement. An excellent opportunity to step into an establishedrestaurant business in a desirable St. Catharines location! PLEASE DO NOT GO DIRECT OR SPEAK TOEMPLOYEES.

Sold data

Homes in St. Catharines (Downtown) — recent sold market

Homes in St. Catharines (Downtown) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 371 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 51 days.

The median sale price was $569,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$569,900
Sale-to-list ratio
96.9%
Sold above asking
7%

Based on 371 recorded sales in the last 90 days. 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 144 LAKE STREET