#4 2779 RUTLEDGE Road, Sydenham - Business for Sale
#4 2779 RUTLEDGE Road, Sydenham, Ontario, K0H2T0
Description
Sydenham Convenience and Cafe in Sydenham, ON is For Sale. Located at the busy intersection of Rutledge Rd/McCullam Lane. Very Busy, High Traffic Area and Popular Neighbourhood Convenience Store. Surrounded by Fully Residential Neighbourhood, Schools, Highway and more. Excellent Business with Good Sales, Long Lease, and more. There is opportunity to grow sales even more. Monthly Sales: Approx. $32000 - $34000, Cafe Sales Portion: 55% - 60%, Tobacco Sales Portion: 20%, Other Sales Portion: 20%, Uhaul Commission: $4500 to $5000/yearly, Lotto Commission: $4500/yearly, Passport Pro: $4000/yearly, Rent: $4421/m including TMI & HST, Lease Term: Existing 3 + 5 + 5 Years Option to Renew. (id:66096)
Property Details
- MLS®
- 40841320
- Property Type
- Business
- Zoning
- RU
- Basement
- None
- Listed
- 125 days ago
Market Timing
Long Listed: 125 days on market, against an average age of 121 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 (K0H)
This home lists at $190,000, about 2.1× the local median household income of $92,000.
Carrying it typically needs a household income of about $37,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $92,000
- Population
- 47,286
- Median age
- 51.2
- Owner / renter
- 91% / 10%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0H)
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$190,000
Sydenham