10 Downie St

Stratford | 22 - Stratford | N5A 7K4

Ask: $295,000 $265,000

Est. Mtg $898 /mo
  • Days on market

  • Status

Listing Broker ROYAL LEPAGE TERRA REALTY
Since listed: 2 views

Home details

MLS #:

X9239801

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
Immediate

Description


10 Downie St, , Stratford, Ontario is a Sale Of Business property in Stratford and in the 22 - Stratford community in the N5A 7K4 postal code


Exceptional business opportunity in Stratford! One of the busiest corners in Stratford. You have steady, year round pedestrian traffic as well as being on the main artery to Stratford's downtown.. This Fresh Burrito franchise is in a prime location with high visibility and foot traffic. The franchise is situated in a desirable area, surrounded by high-density residential neighborhoods, offices, restaurants, and retail establishments. This is an excellent chance to join a growing Mexican franchise business with strong weekly sales and affordable rent at2858.33 + HST includes (including all utilities - Hydro/Gas/Water). The lease term is 10 years, with options to renew for another 5 years. Enjoy low royalty fees and exceptional franchise support. A comprehensive list of equipment and chattels will be available with an offer. The chattels are owned and brand new. Don't miss out on this fantastic investment opportunity!.

Extras

The buyer has the option to continue operating the burrito business as a franchise or to open their own independent burrito restaurant by changing the name of the business or start a new restaurant business, landlord approval required.


History

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List Date End Date List Price End Price Status MLS #
2022-09 $5,999,999 $5,999,999 X5693631
2021-10 $6,900,000 $5,999,999 X5284459
2024-09 $295,000 $265,000 X9239801

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Stratford :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 10 Downie St

Based on available 3rd party data

$1033

Approximate costs per month

Mortgage
$898 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE TERRA REALTY
Data Source: TRREB

Payment calculator

$898 monthly. In association with: TD Bank
%
  • Principal and Interest
    898 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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