haho.ca
$299,000
For sale

#7 433 Simcoe Street South, Oshawa (Central) - Business for Sale

#7 433 Simcoe Street South, Oshawa (Central), Ontario, L1H4J5

1,200 ft²Listed 42 days ago
Overview

This business in Oshawa is for sale offering roughly 1,200 sq ft of space. It has been on the market 42 days, fresher than the Oshawa average of 66 days.

Description

Excellent opportunity to own and operate a specialty grocery business in Oshawa! This inviting and well-equipped supermarket offers a great selection of specialty food products along with a snack counter, all in a convenient approximately 1,200 sq. ft. leased location. The business is owner/family operated and presents an exciting opportunity for an owner-operator or entrepreneur looking to establish or expand in the specialty grocery market. Inventory of approximately $40,000-$45,000 is included, along with existing equipment and fixtures. The Seller is also offering up to 60 days of training and transition support to help make the change of ownership smooth and comfortable. A great opportunity to take over an operating business and build on its existing foundation. (id:66096)

Property Details

MLS®
E13820246
Property Type
Business
Business Type
Food Services and Beverage
Zoning
PSC-A
Interior Size
1,200 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
42 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
42d
Oshawa (Central) listings, avg age
66d
Price / ft²
$249
List price
$299K

Extended: 42 days on market, against an average age of 66 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.

Haho

This business in Oshawa (Central) has been listed for 42 days, which is 24 days fresher than the city average of 66. Act while there is still low competition.

Listed by DREAM VALLEY REALTY INC. · SABBIR KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1H)

This home lists at $299,000, about 4.1× the local median household income of $73,500.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$73,500
Population
32,298
Median age
41.2
Owner / renter
59% / 41%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA L1H)

$299,000· $249/ft²
For sale

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Financing

Buying this business?

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$299,000

Oshawa

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