#2B 1230 North Shore Boulevard, Burlington (Brant) - Business for Sale
#2B 1230 North Shore Boulevard, Burlington (Brant), Ontario, L7S1W7
This business in Burlington is for sale offering roughly 1,000 sq ft of space.
Description
Rare opportunity to take over a high volume Franchise Restaurant inside the Burlington Joseph Brant Hospital. The only other competition inside is a Tim Hortons. Restaurant has 18 exclusive seats, and 120+ shared seats in the cafeteria. Long lease left on the place (7+5), low monthly rent of $6000 including TMI. Owner and Franchise willing to train new management. You are welcome to come and observe the traffic! (Please book appointment to view interior). Bonus additional storage area converted by the owner in the back. Situated at the hospital cafeteria where staff and visitors go and eat their meals. Near the new main entrance of the hospital and right across of the pedestrian bridge from the parking garage. Lots of opportunities to expand on the catering side. Current owner does not need to work inside the restaurant. Excellent for investors who want to be hands off! Hospital also undergoing expansion to Mental Health Ward that will increase customer base. (id:66096)
Property Details
- MLS®
- W12986884
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Di-205
- Interior Size
- 1,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1,350/yr
- Listed
- 207 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 207 days on market, against an average age of 60 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 (Brant) 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 (L7S)
This home lists at $849,000, about 11.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.
- Median household income
- $77,000
- Population
- 12,207
- Median age
- 54
- Owner / renter
- 51% / 49%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA L7S)
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$849,000
Burlington