3 - 1060 ONTARIO STREET, Stratford

$299,000

For sale: Other

Other at 3 - 1060 ONTARIO STREET, Stratford
Property type
Sale Of Business
MLS®
MLS® X13596638
Neighbourhood
Stratford

This Is A Fabulous Opportunity To Own A Well-Established Successful Franchise. Which Is Easy To Run, Rewarding Business With Great Profit Margins In An Ideal Location. Advertising And Promotion Provided, Centralized Call Center, Ongoing Business Development, Online Ordering Platform Along With Research And Development All Provided. The business is already generating very good sales with significant upside potential as ongoing residential development continues to transform the area. Monthly sales consistently range from $30,000 to $35,000, delivering dependable cash flow. The location benefits from exceptionally low overhead, with rent of Approximately $4,532.88 per month including TMI And HST. Food costs average between 36%-38%, while franchise fees are set at 5% royalty and 1% advertising.

Sold data

Homes in Stratford — recent sold market

Homes in Stratford took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 61, across 115 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $579,900.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$579,900
Sale-to-list ratio
98.7%
Sold above asking
17%

Based on 115 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Stratford

Stratford has 13 Fraser Institute–rated schools (11 elementary and 2 secondary), averaging 5.8/10.

Rated schools
13
Elementary
11
Secondary
2
Average rating
5.8 / 10

Top-rated schools in Stratford

  • St Aloysius — elementaryFraser rating 7.4/10
  • St. Michael — secondaryFraser rating 7.0/10
  • St Ambrose — elementaryFraser rating 6.9/10
  • St Joseph — elementaryFraser rating 6.9/10
  • Bedford — elementaryFraser rating 6.8/10
  • Jeanne Sauvé — elementaryFraser rating 6.4/10

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

Currently for sale

Homes for sale near 3 - 1060 ONTARIO STREET