#6 399 Elizabeth Street, Burlington (Brant) - Business for Sale
#6 399 Elizabeth Street, Burlington (Brant), Ontario, L7R2L7
This business in Burlington is for sale offering roughly 1,506 sq ft of space. It has been on the market 54 days, fresher than the Burlington average of 60 days.
Description
An exceptional turnkey restaurant conversion opportunity in the heart of downtown Burlington. This fully fixtured space offers an incoming operator the ability to introduce a new concept while avoiding the significant cost, time and uncertainty associated with building a restaurant from scratch. Ideally suited for a, first time operators, experienced restaurateur, hospitality group or expanding brand, the premises provide an established restaurant infrastructure in one of Burlington's most walkable and energetic dining corridors. The location benefits from excellent visibility, strong residential density, nearby offices and consistent traffic from both local residents and visitors. With downtown Burlington continuing to grow as a destination for dining, nightlife and community events, this is a rare opportunity to convert a well-positioned restaurant space into a new concept in one of the GTA's most desirable downtown markets. (id:66096)
Property Details
- MLS®
- W13774208
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Parking
- 2
- Interior Size
- 1,506 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 54 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 54 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) has been listed for 54 days, which is 6 days fresher than the city average of 60. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L7R)
This home lists at $149,000, about 1.7× the local median household income of $86,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $86,000
- Population
- 17,338
- Median age
- 45.2
- Owner / renter
- 49% / 51%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA L7R)
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$149,000
Burlington