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$185,000
$195,000For salePrice drop↓ $10,000 (5%)

#16 511 Maple Grove Drive, Oakville (FD Ford) - Business for Sale

#16 511 Maple Grove Drive, Oakville (FD Ford), Ontario, L6J6X8

2 baths1,443 ft²Listed 52 days ago
Overview

This business in Oakville is for sale offering roughly 1,443 sq ft of space.

Description

Outstanding turnkey restaurant conversion opportunity at 511 Maple Grove Drive in Oakville. Ideally located in a busy First Capital plaza anchored by Sobeys, this 1,443 sq. ft. unit offers an established burger brand or experienced operator the opportunity to enter one of South Oakville's most affluent and desirable neighbourhoods. The space features an efficient quick-service layout, a substantial 12-foot commercial exhaust hood, walk-in refrigerator and walk-in freezer-providing excellent infrastructure for a high-volume restaurant, takeout or delivery concept. Benefit from strong neighbourhood demographics, excellent visibility, consistent plaza traffic and ample customer parking. A wide variety of restaurant concepts and cuisines may be considered, provided they do not compete with existing plaza tenants. An exceptional opportunity to bring your brand to a proven commercial destination without the time and expense of building a restaurant from the ground up. Gross Rent is $6000 + HST. Approximately 1.5 years remaining with a 5 year renewal option. Conversion only; Burger Factory branding is not included. All uses and assignments are subject to landlord approval. Please do not go direct or speak with staff. (id:66096)

Property Details

MLS®
W13783248
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
2
Interior Size
1,443 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
52 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
52d
Oakville (FD Ford) listings, avg age
42d
Price / ft²
$128
List price
$185K

Long Listed: 52 days on market, against an average age of 42 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 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Oakville (FD Ford) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JASON KLEYN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6J)

This home lists at $185,000, about 1.2× the local median household income of $158,000.

Carrying it typically needs a household income of about $36,137 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$158,000
Population
24,420
Median age
46.4
Owner / renter
84% / 16%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA L6J)

$185,000· $128/ft²
For sale

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Financing

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$185,000

Oakville

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