#2 969 Upper Ottawa Street, Hamilton (Ancaster) - Business for Sale
#2 969 Upper Ottawa Street, Hamilton (Ancaster), Ontario, L8T4V9
This business in Hamilton is for sale offering roughly 1,625 sq ft of space.
Description
High volume and money-making established convenience store from last 18 years. Very rare location. Surrounded by residential houses and commercial units. Tim Horton in the same plaza.no completions in plaza and around near by. Rent is only $ 3850(including TMI) + HST. Huge lotto commission $81000 year. Covers all expenses and good amount in pocket. Plus, additional $ 6,000 commission from atm, advertisement and money transfer as per seller can be increase. More other businesses can be added and lots of opportunity to increase counter. As per seller owner operator can easily make $120,000 net per year. Monthly sale $45000 without lotto and just 25 to 30 % cigarette included as per seller. Grab this excellent business opportunity before sold. All inventory cost will be extra approx. $ 75,000. Tops convenience is authorized franchise for " hasty market " it's buyer's choice to continue or to cancel franchise. Current lease is up to 31st december-2027 + 5 years renewal options. (id:66096)
Property Details
- MLS®
- X13694858
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- C3
- Parking
- 5
- Interior Size
- 1,625 ft²
- Frontage
- 20 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Listed
- 78 days ago
Services
- Water
- Municipal water
- Sewer
- Storm sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 78 days on market, against an average age of 58 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L8T)
This home lists at $269,999, about 3.2× the local median household income of $85,000.
Carrying it typically needs a household income of about $52,740 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $85,000
- Population
- 19,405
- Median age
- 43.6
- Owner / renter
- 67% / 33%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L8T)
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$269,999
Hamilton