6240 Thorold Stone Rd

Niagara Falls | | L2E 6G1

$175,000

Est. Mtg $593 /mo
  • Days on market

  • Status

Listing Broker ELIXIR REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

X9367758

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

Description


6240 Thorold Stone Rd, , Niagara Falls, Ontario is a Sale Of Business property in Niagara Falls and in the community in the L2E 6G1 postal code


An exceptional opportunity to acquire a rapidly growing franchise in the popular Chicken Wings industry Wings Up has become available. Located in the bustling residential hub of Niagara Falls, this well-established and highly regarded brand offers incredible potential. Positioned in a prime location with excellent visibility and high foot traffic from the surrounding high-density residential area, the restaurant boasts impressive weekly gross sales of $5-6K.With remarkably low rent at just $2,400 per month (including TMI and HST), this investment is highly attractive. Perfect for an ambitious owner-operator, this promising location offers great growth potential. Don't miss out on this rare opportunity as the current owner is relocating..

Extras

Food Cost: Approx. 33-36%, Labour Cost: Approx. 22-25%, LOW RENT - 8-9% Long Term Lease: Existing 8 + 5 + 5 Years Option To Renew, Royalty: 4.5% and 3% Marketing.


History

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List Date End Date List Price End Price Status MLS #
2020-08 $179,900 $179,900 X4704054
2024-09 $199,999 $199,999 X8209450
2024-04 $225,000 $225,000 X8051902
2024-09 $175,000 $175,000 X9367758

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

Niagara Falls :

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


Estimated running costs for 6240 Thorold Stone Rd

Based on available 3rd party data

$728

Approximate costs per month

Mortgage
$593 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 ELIXIR REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$593 monthly. In association with: TD Bank
%
  • Principal and Interest
    593 /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

Luis Serrano, Realtor

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