#6 4033 New Street, Burlington (Shoreacres) - Business for Sale
#6 4033 New Street, Burlington (Shoreacres), Ontario, L7L1S8
This business in Burlington is for sale offering roughly 728 sq ft of space.
Description
Well-established clothing alteration and repair business located in a busy plaza in Burlington. In operation for approximately 17 years with a stable customer base. Approx. 728 sq. ft. with current rent of $2,500/month (including TMI & HST). New lease available, subject to landlord approval. Business focuses on simple alterations and repairs only (hemming, zipper replacement, minor adjustments). Annual sales approx. $185,000. Owner-operated with no employees. Seller retiring (id:66096)
Property Details
- MLS®
- W13089870
- Property Type
- Business
- Business Type
- Service
- Zoning
- Commercial Retail
- Interior Size
- 728 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $239/yr
- Listed
- 183 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 183 days on market, against an average age of 58 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 (Shoreacres) 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 (L7L)
This home lists at $70,000, about 0.6× the local median household income of $122,000.
Carrying it typically needs a household income of about $13,673 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $122,000
- Population
- 47,433
- Median age
- 42.4
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA L7L)
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$70,000
Burlington