#7 1400 East PLAINS Road East, Burlington - Business for Sale
#7 1400 East PLAINS Road East, Burlington, Ontario, L7R3P8
Description
Rare opportunity to acquire a well-established flooring and renovation business with an outstanding reputation and exceptional growth potential in a key location within the city of Burlington. Priced for an immediate sale due to the owner's health. The exceptional lease is the standout feature—just $3,235/month plus approximately $1,100/month TMI for almost 2400 sq. ft.—providing significantly lower occupancy costs than comparable commercial spaces. A turnkey operation with an established customer base, ideal for someone looking to expand and capitalize on the tremendous opportunity for future growth. Take over the business or takeover the lease and establish your own business! (id:66096)
Property Details
- MLS®
- 40850058
- Property Type
- Business
- Basement
- None
- Listed
- 106 days ago
Market Timing
Long Listed: 106 days on market, against an average age of 59 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 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 (L7R)
This home lists at $49,999, about 0.6× the local median household income of $86,000.
Carrying it typically needs a household income of about $9,767 (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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$49,999
Burlington