794 Canboro Road, Pelham (Fenwick) - Business for Sale
794 Canboro Road, Pelham (Fenwick), Ontario, L0S1C0
This business in Pelham is for sale offering roughly 4,575 sq ft of space. It has been on the market 34 days, fresher than the Pelham average of 98 days.
Description
Rare opportunity to acquire a well-established and profitable brunch restaurant in the heart of Fenwick, offered at an attractive price. This highly regarded local favourite has been successfully operated by the same owner for approximately 10 years and enjoys a strong reputation, steady clientele, and a welcoming neighbourhood atmosphere. Operating only 6 days a week, from 8:30 AM to 3:00 PM, the business offers an exceptional work-life balance while maintaining strong sales and consistent customer traffic. The fully equipped commercial kitchen, inviting indoor dining area, and charming outdoor patio provide an excellent turnkey setup for a new owner to continue the existing operation or introduce their own concept. The property also includes a spacious 4-bedroom apartment above the restaurant, providing valuable residential accommodation and additional income (Currently tenanted).Located in a friendly and established community, this is an excellent opportunity for an owner-operator, family, or entrepreneur seeking a profitable business with an established customer base, limited operating hours, and significant lifestyle advantages. Turnkey operation Loyal and steady clientele LLBO licensed Fully equipped kitchen Indoor & patio seating 4-bedroom apartment Excellent reputation Attractive asking price. Owner. retiring after 10 successful years. A rare opportunity not to be missed! (id:66096)
Property Details
- MLS®
- X13852722
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 4,575 ft²
- Lot Size
- 42 × 110 ft (4,620 sq ft)
- Frontage
- 42 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $8,686.55/yr
- Listed
- 34 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 34 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Pelham (Fenwick) has been listed for 34 days, which is 64 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0S)
This home lists at $1,199,000, about 12.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
- Median household income
- $95,000
- Population
- 60,409
- Median age
- 53.2
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA L0S)
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$1,199,000
Pelham