650 Plains Road East, Burlington (LaSalle) - Business for Sale
650 Plains Road East, Burlington (LaSalle), Ontario, L7T2E9
Description
For sale is a well-established Indian restaurant situated in the prime Aldershot location of Burlington. The business benefits from excellent visibility, signage, and high traffic counts. Please note that the brand is not included. The property can be easily converted to accommodate various approved food concepts. There is potential for patio addition. The area is surrounded by a mix of residential, commercial properties, and condominiums, with numerous new condominium developments anticipated within the next two years. The business offers significant potential, and features a very low rent. (id:66096)
Property Details
- MLS®
- W12808438
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- commertial
- Frontage
- 261 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 257 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 257 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Burlington (LaSalle) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L7T)
This home lists at $199,999, about 2.2× the local median household income of $93,000.
Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 18,555
- Median age
- 48.8
- Owner / renter
- 61% / 39%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L7T)
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$199,999
Burlington