1555 16th St E

Owen Sound | Owen Sound | N4K 5N3

$349,000

Est. Mtg $1,183 /mo
  • Days on market

  • Status

Listing Broker CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Since listed: 1 views

Home details

MLS #:

X9384223

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

Description


1555 16th St E, , Owen Sound, Ontario is a Sale Of Business property in Owen Sound and in the Owen Sound community in the N4K 5N3 postal code


Great opportunity to take over this well-established Franchise. A perfect opportunity for an owner-operator to significantly increase their earnings capitalizing on the area's growth and the business's established reputation. The area is witnessing an exciting phase of growth with new residential developments, promising a burgeoning population and the potential for an expanding customer base. Great Business with good sales volume, Low rent, and Long Lease and so much opportunity to grow the business even more. Monthly Sales : Approx.: 45,000, Rent:-$3700 including TMI & HST. Lease Term: 4+ 5, Royalty and Advertising Fees: 7.5%. Drive thru is possible..

Extras

Rent is $3700 Including (TMI AND HST).Regular Clientele .Can start Catering business to increase the sales. In Summer Patio is possible..


History

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List Date End Date List Price End Price Status MLS #
2022-02 $749,000 $749,000 X5387531
2024-10 $349,000 $349,000 X9384223

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

Owen Sound :

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


Estimated running costs for 1555 16th St E

Based on available 3rd party data

$1318

Approximate costs per month

Mortgage
$1183 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 CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data Source: TRREB

Payment calculator

$1183 monthly. In association with: TD Bank
%
  • Principal and Interest
    1183 /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

Jim Millis, Realtor

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