#4&5 8 Midtown Drive, Oshawa (Vanier) - Business for Sale
#4&5 8 Midtown Drive, Oshawa (Vanier), Ontario, L1J3Z7
Description
An exceptional opportunity to acquire Dhabha NH1, a successful, well-established restaurant in a prime Downtown Oshawa commercial location. Operating successfully for about 3 years, the restaurant has built a strong local presence, attracting a loyal clientele and maintaining an impressive 4.5+ star Google rating. Known for its authentic flavours, consistent quality, appealing presentation, and welcoming service, the business experiences particularly strong customer demand on weekends. This offering provides the unique advantage of o an established income-generating restaurant, offering greater control, long-term stability, and potential for future growth. The business presents an excellent foundation for an experienced restaurateur looking to build on an already proven operation. With opportunities to expand catering, delivery, marketing, operating hours, and additional revenue streams, Dhaba NH1 offers a compelling combination of an established business, prime commercial location,. (id:66096)
Property Details
- MLS®
- E13763930
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- PCC-C/SSC-A
- Frontage
- 115 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 56 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 56 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 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Oshawa (Vanier) has been listed for 56 days, right at the city average. A solid opportunity worth looking into.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1J)
This home lists at $65,000, about 0.8× the local median household income of $78,000.
Carrying it typically needs a household income of about $12,697 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $78,000
- Population
- 43,107
- Median age
- 40.4
- Owner / renter
- 61% / 40%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L1J)
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$65,000
Oshawa