F03 - 2 TREMONT DRIVE, St. Catharines (Glendale/Glenridge)

$200,000

For sale: Other

Other at F03 - 2 TREMONT DRIVE, St. Catharines (Glendale/Glenridge)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X12728826
Neighbourhood
461 - Glendale/Glenridge

Newer UPS Store Franchise, only 2.5 Years in Operation run by proud and hardworking owners that take great care of customers. The store has lots of potentials To Develop Business. It is in a spectacular and Busy Traffic Area that is highly sought after in St Catharines. The shopping area has Walmart, banks, cinemas and restaurants with heavy footfall. The location could not be better in the city for this business. Excellent sized store includes services for Shipping, Packaging, Notary, Shredding, Printing, Wide Format Printing, Lamination, Book Binding, T Shirt Printing via 3rd party, Fax and 116 Mailboxes. Rent with TMI & HST is low at 3923.21/Month. The lease has a 10-yr term to 2033 with further option to renew. There is tremendous potential to increase Revenue via income options and natural revenue growth as the store continues to establishes itself. There are some opportunities to reduce costs. The owner can explain better. Based on the record provided by seller, total annual revenue 115,000 and gross profit is 63%. For details, please sign NDA. The store has one of the highest google review ratings in the network. This business opportunity is ideal for someone who wants to own a strong brand franchise however wants to avoid the initial effort & capital of building the business as this UPS store is ready for take off!

Sold data

Homes in St. Catharines (Glendale/Glenridge) — recent sold market

Homes in St. Catharines (Glendale/Glenridge) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 404 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $569,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$569,900
Sale-to-list ratio
97.2%
Sold above asking
11%

Based on 404 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in St. Catharines (Glendale/Glenridge)

St. Catharines (Glendale/Glenridge) 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 (Glendale/Glenridge)

  • 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 F03 - 2 TREMONT DRIVE